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Written by Top Ten List
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Wednesday, 30 September 2009 |
The US import has unexpectedly surged much higher for the following month, due to positive news that the economy is indeed recovering. According to the official data released by the respective commerce department, it seems that the US has imported a total of $36.5 billion in goods, compared to $30.8 billion in August.
Personally, I think that this somehow shows a positive sign that the economy is recovering at a positive rate. Although US imports are somewhat considerable when compared to their exports, still this shows that US consumers are buying more goods from retailers, which signifies that they are more willing to purchase now, when compared to a year ago when the economic recession just started.
Do you think that the US import data shows positive economic growth?
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