Blog

A Growing Trade Deficit? Medical Goods Imports Plays a Role


Abstract: Typically, the U.S. trade deficit narrows during a recession. However, the deficit actually widened by about 20% from January to June.

Keywords: trade; COVID-19; coronavirus; exports; imports; medical goods; trade deficits;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-11-10