Trade Deficit Narrows on Higher Exports
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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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The dollar eased against major  currencies on Friday, as analysts fretted over the U.S. trade  deficit number for July, which came in narrower than expected,  but was still the second-highest on record.
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The U.S. trade deficit narrowed more than expected in December as record exports remained one bright spot of a weakening economy, while claims for jobless benefits also fell last week, data showed on Thursday.
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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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WASHINGTON -- America's trade deficit rose to its second highest level of the year, reflecting higher prices for foreign oil and a continued appetite for Chinese goods despite this year's recalls of tainted products.
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The dollar traded within half a yen of  five-year lows against the yen but stabilized against the euro  on Thursday, after a record U.S. trade deficit underscored  structural weaknesses in the world's largest economy.
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A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.
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WASHINGTON -- America's trade deficit posted a dramatic decline in October, falling to the lowest level in 14 months as the price of crude oil plunged by a record amount.
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WASHINGTON -- Helped by a record plunge in oil prices, America's trade deficit dropped dramatically in October, falling to the lowest level in 14 months.
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The U.S. trade deficit shrank to &#36;51.6 billion in September, an improvement brought about as exports posted their best month on record.
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WASHINGTON -- The U.S. trade deficit declined slightly in July as record exports of farm goods, autos and other products offset a big jump in foreign oil prices. The deficit with China hit the second-highest level ever, reflecting strong demand for Chinese-made goods despite a string of high-profile...
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The nationâs trade deficit narrowed slightly in July as export growth continued to outpace that of imports, the government said Tuesday.
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The economy struggled under an increasing trade deficit and a slowdown in consumer spending, the Commerce Department said today.
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The U.S. trade gap narrowed in  December as the declining dollar gave exports a boost, while  first-time claims for jobless benefits fell to their lowest  level in more than 4 years last week.
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After years of deterioration, the United States trade deficit appears to have finally peaked and started to decline.
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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 U.S. trade deficit declined slightly in July, helped by record exports that offset the biggest foreign oil bill in nearly a year. But even a spate of recalls did not stop the deficit with China from climbing to the second-highest level on record.