U.S. Trade Deficit Soars to All-Time High
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The U.S. trade deficit hit an all-time high of &#36;60.3 billion in November as American appetites for foreign oil and even imported food reached record levels.
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The U.S. trade deficit narrowed in December but was still the second-highest monthly figure ever. And that lifted the deficit for 2004 to $617.7 billion -- an all-time high that shattered the previous record, set in 2003, by 24 percent.
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The US trade deficit has expanded to its highest level in 14 months, official data shows.
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The U.S. trade deficit widened nearly 9 percent in October to a record &#36;55.5 billion as sky-high oil prices helped propel imports into new territory, the government said on Tuesday.
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The U.S. trade deficit widened more  than expected in December and grew 6.5 percent during all of  2006 to a record $763.6 billion, a U.S. Commerce Department  report showed on Tuesday.
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The trade deficit jumped to the second-highest level in history as surging demand for foreign oil swamped a small gain in U.S. exports, the government reported Thursday. America's trade gap with China hit an all-time high as retailers stocked up on cell phones, toys and televisions in preparation for Christmas sales.
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The U.S. trade deficit grew in July to a record $68 billion, as oil import prices and demand for foreign goods and services rose to new highs.
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America's trade deficit swelled to an all-time high of $55.5 billion in October as imports  --  including those from China  --  surged to the loftiest levels on record.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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The U.S. trade deficit widened much  more than expected in July to a record $68 billion dollars as  record oil prices pushed America's monthly oil import bill to  an all time high, a government report showed on Tuesday.
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The trade deficit increased to the second-highest level in history as surging demand for foreign oil swamped a small gain in US exports, the government reported yesterday.
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America's trade deficit rose to its second-highest level of the year as the price of imported crude oil jumped and demand for Chinese products remained strong despite recalls of tainted products.
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The deficit in the broadest measure of trade climbed to a record high of &#36;164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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The U.S. trade deficit, propelled by a record foreign oil bill, surged to &#36;54 billion in August, the second highest level in history. The politically sensitive deficit with China hit a new high as American retailers upped their orders for cell phones, toys and televisions.
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The U.S. trade deficit widened more than expected in December and grew 6.5 percent during all of 2006 to a record $763.6 billion, a U.S. Commerce Department report showed on Tuesday.
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The U.S. trade deficit widened  nearly 9 percent in October to a record $55.5 billion as  sky-high oil prices helped propel imports into new territory,  the government said on Tuesday.
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The US trade deficit, propelled by a record foreign oil bill, surged to $54 billion (R355 billion) in August, the second-highest level in history.