Gross Domestic Product (GDP) measures how much the economy has grown over a three-month period. Real GDP (inflation-adjusted) growth is always quoted at a quarterly annual rate (three-month period).

The GDP Price Index is an indicator for inflation calculated by comparing the current GDP to GDP in the reference year.

A high or rising GDP Price Index, like other indicators of inflation, puts pressure on the Federal Reserve to raise interest rates.

Exports grow when foreign economies are strong. The weaker the foreign exchange value of the dollar, the less expensive goods and services are to foreigners, and this also helps spurt export activity. Imports grow when U.S. economic growth is robust. Imports are also spurred by a strong foreign exchange value of the dollar.

The international trade balance has posted a deficit almost continuously since the 1980s. Any trade deficit is a drag on U.S. GDP growth, but a smaller deficit adds to growth, while a larger deficit decreases GDP growth.

A National Association for Business Economics forecasting panel has projected that the deficit for 2012 will narrow by 4.1% to $535.4 billion and will edge down further to $525 billion in 2013 as growth in exports keeps pace with import increases

Consider this fact....Economic growth weakens when exports decline because factories tend to produce fewer goods. And U.S. companies earn less.

A wider trade deficit acts as a drag on growth because the U.S. is typically spending more on imports while taking in less from the sales of American-made goods. So, wat this moment we need Imports to decrease and Exports Decline means a Red Flag for our purposes...Negative View.