April trade gap shrinks more than expected
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The trade deficit shrank much more than expected in April to $58.5 billion, as the weakening U.S. dollar appeared to depress import demand and help push exports to a record, a U.S. Commerce Department report on Friday showed.
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The U.S. current account deficit  shrank more than expected in the fourth quarter of 2006 to  $195.8 billion, as lower oil prices took a bite out of imports  and U.S. exports continued to rise, a Commerce Department  report showed on Wednesday.
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The U.S. current account deficit  narrowed more than expected in first quarter to &#36;208.7 billion,  as exports of U.S. goods rose more than goods imports and  unilateral current transfers fell sharply, the Commerce  Department said on Friday.
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The U.S. trade deficit narrowed more than expected in September as a rise in exports to unprecedented levels offset the impact of record-high prices for imported oil, a government report showed on Wednesday.
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The US trade deficit narrowed sharply in September, aided by a slide in the value of the dollar, which helped push exports to record levels, a government report showed on Wednesday.
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The current-account surplus widened at the fastest rate in three years in April as exports rose and a weaker yen increased the value of investments abroad. The surplus expanded 50.3 percent, to 1.99 trillion yen ($16 billion), from a year earlier, as growth in exports to Asia and Europe helped offset a decline in shipments to the United States, the Ministry of Finance said. The trade balance climbed 34.7 percent. Exports climbed 7.3 percent from a year earlier, and imports advanced 3.2 percent.
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The U.S. trade gap widened nearly 9  percent in October to a record $55.5 billion as sky-high oil  prices helped propel imports into new territory, while  industrial output rose as expected in November.
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The U.S. current account deficit shrank in the fourth quarter of 2006 to its smallest in more than a year as lower oil prices took a bite out of imports and U.S. exports continued to rise, a Commerce Department report showed on Wednesday.
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The UK trade gap with the rest of the world shrank to Â£3.6bn in April, the Office for National Statistics says.
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The U.S. trade deficit narrowed more  than expected in September as a rise in exports to  unprecedented levels offset the impact of record-high prices  for imported oil, a government report showed on Wednesday.
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U.S. economic growth slowed more  sharply in the second quarter than first thought as oil prices  rose and the trade gap swelled, the government said on Friday  in a report that confirmed momentum faltered in the spring.
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The euro zone trade surplus shrank to â¬5.5 billion in October from â¬9.1 billion in October last year but was up from â¬2.5 billion recorded in September, the statistics office Eurostat said today.
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WASHINGTON The United States announced Thursday that its trade gap widened in August to $54 billion, the second-largest ever, reflecting record spending on imported oil and a decline in goods exports that may presage a slowdown in manufacturing.
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WASHINGTON The US trade deficit narrowed 9 percent in July from the record of the previous month as exports rose and a decrease in oil shipments led to the first decline in imports in 11 months, the Commerce Department said Friday.
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The UK trade gap with the rest of the world shrank to Â£3.5bn in May, the Office for National Statistics says.
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The U.S. trade deficit shrank to $51.6 billion in September, an improvement brought about as exports posted their best month on record.
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Retail sales dipped in August and the U.S. gap with its international trade partners widened to a record level in the second quarter of the year, two reports showed today.