Economic indicators tab go to the section on US international trade in goods and services. For the August report review the balance of trade data to determine whether it was favorable or unfavorable. What were the reasons for the result? (4) Go to the Bureau of Economic Analysis website at www.bea.gov. Review the data for the second quarter of 2012 and summarize the reasons given for the variations between the first and second quarter 2012. (5) Go to the website of the Bureau of Labor statistics www.bls.gov. Summarize the July 2012 employment statistics making sure you identify the July national unemployment rate and compare it with the 2011 data. Identify the three states with the highest increases in employment and unemployment in the report. What do you consider the main causes?

Economic indicators tab go to the section on US international trade in goods and services. For the August report review the balance of trade data to determine whether it was favorable or unfavorable. What were the reasons for the result? (4) Go to the Bureau of Economic Analysis website at www.bea.gov. Review the data for the second quarter of 2012 and summarize the reasons given for the variations between the first and second quarter 2012. (5) Go to the website of the Bureau of Labor statistics www.bls.gov. Summarize the July 2012 employment statistics making sure you identify the July national unemployment rate and compare it with the 2011 data. Identify the three states with the highest increases in employment and unemployment in the report. What do you consider the main causes?