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Secretary Gutierrez Lauds Record Exports, Calling on Congress to Approve Trade Agreements for America

Washington (July 11)—U.S. Commerce Secretary Carlos M. Gutierrez issued the following statement on the release of the May 2008 U.S. International Trade in Goods and Services report by the Department’s Census Bureau and Bureau of Economic Analysis.Today’s report shows that U.S. exports increased 18.2 percent to $768 billion year-to-date (through May) over the same period in 2007. Imports also increased 12.0 percent to $1,063 billion and the trade deficit narrowed 1.3 percent during the same time period. (More) (Fact Sheet)