The answers stare at us from the charts: there must besomecombinationof arecoveryin domesticprivatesectorspendingwith a surge innetexports (and soa fall in the netcapitalinflow).
The U.S. economy generated scarcely 69, 000 net new jobs in May, dashing hopes for a sustained recoveryfrom the Great Recession and presaging yet another summer of economic doldrums.
But, far from supporting the recovery, our export sector actually pulled it down in 2012, with net exports subtracting about 0.8 percentage points from the annual rate of growth.