NAFTA Surface Trade Increases vs. June
Surface trade for the North America Free Trade Agreement (NAFTA) has increased by 1.7% in July versus June 2009 however when compared to the same period in 2008, trade was 28% lower:
Surface transportation trade among the United States, Canada and Mexico plunged 28% in July from a year earlier, though rose from June, the Department of Transportation said Wednesday.
The downturn was the seventh straight year-over-year monthly decline of at least 27% among the North American Free Trade Agreement partners.
Trade rose 1.6% in July from June, DOT’s Bureau of Trade Statistics said in its monthly report.
Unfortunately, it looks like that seven-month streak will be getting longer when compared to last year. It will be a while before the US, Canada, and Mexico recover to the levels of 2008. But the increase month-to-month is a start on improving NAFTA trade levels.
Read more NAFTA surface trade stats from the Department of Transportation at TransportTopics Online.
Surface transportation trade among the United States, Canada and Mexico plunged 28% in July from a year earlier, though rose from June, the Department of Transportation said Wednesday.![[del.icio.us]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/digg.png)
![[Google]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/google.png)
![[LinkedIn]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/linkedin.png)
![[Twitter]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/twitter.png)
![[Email]](http://www.tradeagreements.info/wp-content/plugins/bookmarkify/email.png)
