November trade gap seen at widest since July
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Skyrocketing oil prices likely pushed the U.S. trade deficit in November to its widest since July, economists polled by Reuters said.
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The price of goods imported into the United States in November rose 0.2 percent, slightly more than expected, a Labor Department report showed on Thursday, as increases in non-petroleum prices hit a 10-month high.
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The U.S. trade gap narrowed slightly  in June as exports boomed, but surging oil prices and rising  imports from China still kept the deficit on track for a record  this year, a U.S. Commerce Department report showed on  Thursday.
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US trade deficit soared to an all-time high of 55.5 billion US dollars in October compared with 50.9 billion dollars the previous month, the US Commerce Department reported Tuesday.
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US exports fall despite the slide in the dollar, pushing the trade gap to an all-time record of more than $60bn in November.
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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.
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The US 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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WASHINGTON -- The U.S. trade deficit in November rose to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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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 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 UK's trade deficit narrowed in November, helped up an upturn in exports outside the European Union, official figures show.
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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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The US trade deficit narrowed in July from the prior month&#39;s record as exports rose and a decline in oil shipments contributed to the first drop in imports in 11 months, the Commerce Department said in Washington.
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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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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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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 monthly record set by the trade deficit in November confounded predictions that the deficit would diminish with the weakening of the dollar and an easing in the price of oil.