Still a fast-growing import in 2021 are protective, non-surgical rubber or latex gloves.
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Three of the four biggest months for U.S. trade ever are the latest three months, according to my analysis of government data released Friday.
Three months in 2021 rank among the top 15 ever — the three most recent.
More trade occurred in March than any month in U.S. history, with May third and April fourth all-time. The Census Bureau data released Friday covers through May.
That strength is not coming from the usual suspects. This will present another data set for financial markets and economists to digest, who are still wrestling with whether inflation is picking up only short-term or more long-term.
On the import side, motor vehicles, often the leading U.S. import, are off 22.62% from pre-pandemic total registered in May of…