US trade deficit in October at all-time high of $55 billion
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America&#39;s trade deficit grew to an all-time high of $55.5 billion in October as imports - including those from China - increased to the loftiest levels on record.
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The deficit in the broadest measure of trade climbed to a record high of $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 set a record for a fifth straight year, and the imbalance with China soared to an all-time high as well.
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THE Commerce Department reported today that the United States recorded a $US54 billion ($74.55 billion) trade deficit in August, the second highest level on record.
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America&#39;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 U.S. trade deficit climbed to a record high for the fifth straight year, with  2006 imports exceeding exports by $764 billion, the Commerce Department reported yesterday. The gap reflects higher oil prices, which increased the nation's import bill, and American consumers' rising appetite for foreign-made goods....
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America's trade deficit soared to an all-time high of &#36;60.3 billion in November, reflecting record levels for imports of everything from oil and consumer goods to farm products, the government reported Wednesday.
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a deficit of $54 billion -- represented a 6.9 percent widening from July&#39;s trade gap of $50.5 billion. The bad news on trade is likely
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NEW YORK, October 15  - The US trade deficit increased to the second-highest record level of $54 billion in August this year, primarily driven by the elevated oil import prices and record imports of Chinese 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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Trade data shows that rising prices for imported oil widened the US trade deficit in October.
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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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The current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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A record US trade deficit is rekindling the globalization debate.
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A record drop in oil import prices  pushed the U.S. trade deficit in October to its lowest level in  more than a year, while U.S. exports rose to a new high, a  Commerce Department report showed on Tuesday.
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The U.S. trade deficit widened   sharply in July to a record $68 billion, as oil import prices,   and demand for foreign goods and services rose to new highs, a   government report showed on Tuesday.
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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.