Americans Take Note: European Crisis is Adversely Affecting U.S. in MAJOR Way – Here's Proof

Lorimer Wilson June 26, 2012 Comments Off on Americans Take Note: European Crisis is Adversely Affecting U.S. in MAJOR Way – Here's Proof 2,635 Views

Americans, don’t think for one moment that the crises in Europe are irrelevant! This past April the U.S had the largest monthly decline in exports to Europe in the past 7.5 years and this trend will only get worse – much worse – as the crises spread and linger. Exports to Europe are now down 2.7% from April 2011, the first yearly decline since February 2010. The chart below says it all.

So says Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds).

(The chart above is courtesy of Stone & McCarthy, Research Associates)

The easing of export growth does not bode well for the U.S. economy.

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