Abstract

Finance
Noyes, Alexander D. | June 1, 1918 issue

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The article discusses the U.S. economy. The statement of the country's foreign trade in April 1918, showed that the exports in that month were smaller by $30,000,000 than in April 1917, despite a 26 per cent rise in average prices for merchandise during the twelvemonth and smaller by $100,000,000 than last December, although average prices had risen 4.5 even in that interval. Shortage of ocean transportation was one obvious cause. Figures for April are not yet available; but in March, the tonnage entered and cleared at American ports in foreign trade was 2,590,589, as against 3,078,902 for that month in 1917, a decrease of 488,315 tons, or 15 per cent. Even in February, the decrease was only 440,700 tons.

See Also:

UNITED States -- Economic conditions; ECONOMIC policy; ECONOMIC forecasting; EXPORTS; INTERNATIONAL trade; UNITED States
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