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U.S. Trade Deficit Fell in May

According to Bloomberg News, the U.S. trade deficit dropped 3.8% in May to $48.7 billion.  Even though the U.S. imported more business equipment and cars, exports rose .2% reflecting stronger sales of telecommunications equipment and heavy machinery. Imports fell 0.7% partially due to the lowest level in 15 months of imported oil.

Source: National Association of Manufacturers (NAM)

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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