Press Releases

ECONOMIC ACTIVITY

Trade

• The July trade deficit fell $7.0 billion. Nominal exports increased in July ($2.8 billion or 1.8%) to their highest level since August 2008. The increase was led by a $2.3 billion increase in exports of capital goods. Year-to-date exports are up 18% when compared to the first half of 2009. (Commerce)

Employment

(WASHINGTON, DC)– Congressman Gregory W.

(JAMAICA, NEW YORK)– "Today, America is nine years out from the terrorist attacks of September 11, 2001. Yet, the memories of those horrendous events remain fresh.

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Committee on Foreign Affairs, House Committee on Financial Services and Chairmen of the Subcommittee on International Monetary Policy and Trade, released the following statement in celebration of the 90th anniversary of women gaining the right vote:

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Foreign Affairs Committee, Financial Services Committee and Chairman of the Subcommittee on International Monetary Policy and Trade, voted today for H.R. 1586, the Education Jobs and Medicaid Assistance Act.

ECONOMIC ACTIVITY

Production

• The purchasing managers’ index (PMI) for manufacturing registered 55.5 in July, which indicates expansion in the manufacturing sector. The PMI and its components are constructed so that an index below 50 indicates a contraction, while an index above 50 indicates growth. [ISM]

(JAMAICA, NEW YORK)– Congressman Gregory W. Meeks, D-NY, will join several elected officials from Southeast Queens for the "8th Annual Senior Appreciation Week," to be celebrated September 13th, through September 18th, 2010.