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Are Exports Showing Signs of Life? January 11, 2018

Posted by geoff in News.
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After President Obama doomed exports to stagnation with his ill-considered promise to double them within five years, it’s been saddening to watch them go nowhere, month after month after month. But the latest report from the Bureau of Economic Analysis had some good news: exports in November reached the 2nd-highest value since 2010.

Here’s what that looks like in graphical form:

ExportsJanuary2018ReportPresident Obama informed us back in 2010 that export growth was an essential component of our economic recovery, so you’d think he’d be applauding the November numbers.

Not hearing any applause so far, though.

Comments»

1. vaitguy - January 11, 2018

_Golf Clap_
Thanks for the regular chart-fu also. The gold matches Teh D’s pre-nomination complexion…

2. lauraw - January 11, 2018

Well, if he could figure out a way to take credit for it, I’m sure Barry would be leading the applause.


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