Trade deficit narrows to $42.8 billion in July By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The trade deficit narrowed significantly in July as exports climbed to the highest level in nearly two years, reflecting big gains in sales of U.S.-made airplanes and other manufactured goods while imports declined. The July deficit fell 14… read more
Tag Archives: US trade Balance
U.S. trade Balance [3/11/2010]
WASHINGTON (AP) — The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad. The Commerce Department said that the trade deficit declined to $37.3… read more