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Archive for the 'Trade' Category

Washington DC - March 10 - U.S. crude oil refinery inputs averaged 13.9 million barrels per day during the week ending March 5, 149 thousand barrels per day below the previous week’s average. Refineries operated at 80.7 percent of their operable capacity last week.

To read the entire report, CLICK HERE

Washington DC - March 10 - Total inventories of merchant wholesalers were $382.2 billion at the end of January, down 0.2 percent from the revised December level and were down 9.7 percent from a year ago.

To read the entire report, CLICK HERE

Washington DC - March 9 - Import cargo volume at the nation’s major retail container ports is expected to be up 13 percent in March compared with the same month a year ago, and double-digit increases are expected to continue through the summer as the U.S. economy improves.

To read the entire report, CLICK HERE

Washington DC - March 9 - Brazil announced it is moving forward on retaliation for injuries due to the U.S. cotton program and the export credit guarantee program. The retaliation list totals 102 products including both agricultural and industrial goods.

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Washington DC - March 9 - The Conference Board Employment Trends Index™ (ETI) rose in February for the sixth consecutive month. During the past six months, the index increased by 13.4 percent (annual rate), the highest six-month growth rate since 1994.

To read the entire report, CLICK HERE

Washington DC - March 8 - Chairman Amy Klobuchar (D-MN) and Ranking Member George LeMieux (R-FL) of the Senate Commerce Subcommittee on Competitiveness, Innovation and Export Promotion introduced the Export Promotion Act of 2010 to help small and medium-sized businesses promote their products overseas.

To read the entire report, CLICK HERE

Washington DC - March 8 - Agriculture Secretary Tom Vilsack discussed USDA’s work to strengthen the American agriculture economy and revitalize rural communities in the keynote speech at the 2010 Commodity Classic in Anaheim, Calif. Vilsack focused on efforts to increase exports of agricultural products to help American farmers, ranchers, and workers.

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Washington DC - March 8 - The United States and Russia have reached an agreement to reopen the Russian market to U.S. pork and pork products, Agriculture Secretary Tom Vilsack announced.

To read the entire report, CLICK HERE

Washington DC - March 4 - Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 10.5 percent higher in December 2009 than in December 2008, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

To read the entire report, CLICK HERE

Washington DC - March 3 -Economic activity in the non-manufacturing sector grew in February for the second consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.

To read the entire report, CLICK HERE

Washington DC - March 2 - Pointing out that exports generate 8,000 U.S. jobs for every $1 billion of agricultural goods exported, an ad hoc coalition of food, feed and agricultural entities today urged Congress to promptly pass several pending free trade agreements.

To read the entire report, CLICK HERE

Washington DC - March 2 - Agriculture Secretary Tom Vilsack launched USDA’s Trade Adjustment Assistance for Farmers Program to help American agricultural producers adjust to the current, challenging economic environment.

To read the entire report, CLICK HERE

Washington DC - March 2 - A bipartisan group of nineteen Senators sent a letter to Agriculture Secretary Tom Vilsack and U.S. Trade Representative Ron Kirk urging the Administration to press China to live up to its commitments and allow the importation of American pork.

To read the entire report, CLICK HERE

Washington DC - March 1 - The Owner-Operator Independent Drivers Association sent a letter this week directly to the Office of the U.S. Trade Representative to immediately challenge the legality of the tariffs levied by Mexico on U.S. exports.

To read the entire report, CLICK HERE

Washington DC - February 26 - Real gross domestic product increased at an annual rate of 5.9 percent in the fourth quarter of 2009,  according to the “second” estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 2.2 percent.

To read the entire report, CLICK HERE