U.S. Current Trade Account Gap Widens
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The U.S. current account trade gap  widened to a record $164.71 billion in the third quarter, data  showed on Thursday. The deficit, the broadest measure of U.S.  trade, was not as great as feared, spurring a dollar rally.
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WASHINGTON -- The U.S. trade deficit in November surged 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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The nationâs trade deficit widened to $60 billion as oil prices jumped and the volume of foreign oil coming into the United States rose.
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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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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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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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WASHINGTON -- America's deficit in the broadest measure of foreign trade increased in the spring to the second highest level in history, reflecting a big jump in payments for foreign oil.
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The US trade deficit widens to fresh record levels after higher oil prices raise the cost of imports.
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The monthly U.S. trade deficit soared to an all-time high of $60.3 billion in November, sending the dollar tumbling and raising new worries about whether the U.S. economy has become too dependent on borrowing from foreigners.
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The U.S. current account deficit   widened more than expected in the second quarter to $218.4   billion, as surging oil prices pushed goods imports higher, the   U.S. Commerce Department said on Monday.
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The U.S. trade gap widened in May as  higher oil prices and a rising tide of Chinese goods pushed  imports to a record, overshadowing a strong export performance,  a government report showed on Thursday.
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The U.S. current account deficit grew to a record &#36;164.71 billion in the third quarter, less than had been forecast, the Commerce Department said on Thursday.
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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 widened more than expected in August to its second-highest level on record, fueled by the highest oil import prices in 23 years and record imports from China, the U.S. government said on Thursday.
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The U.S. trade gap widened less than  expected in May, but the monthly petroleum bill hit a record  high as the imported oil price posted the biggest gain in  nearly 16 years, government data showed on Wednesday.
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The trade deficit widened as expected in May, as higher oil prices helped lift imports to an all-time high, swamping a boost to exports from stronger overseas growth and a weaker dollar, a government report 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.