US trade deficit widens to second-highest record of $54 bn
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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 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 surged to an all-time record of $764 billion in 2006, the Commerce Department said today, as high oil prices increased the nation's import bill and as American consumers continued loading up on products churned out in factories from China to Mexico.
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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 United States has recorded its second biggest trade deficit in history, fuelled by high oil prices and imports from China. The deficit grew six-point-nine percent in August to 54 billion US dollars...several billion more than predicted by analysts.
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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 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, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history.
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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 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 U S technology industry imported more computers, high-tech components, and consumer electronics in 2006 than it exported, resulting in a record $102 billion trade deficit in the sector, according to a new report due out today.
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The US trade deficit widened nearly 9 percent in October to a record $55.5 billion as sky-high oil prices helped propel imports into uncharted territory, the government said on Tuesday.
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The U.S. trade deficit soared to a record of &#36;617.7 billion last year as Americans' appetite for all things foreign, from crude oil to cars, hit all-time highs. The United States even rang up a deficit in farm goods as imports of wine, cheese and other food products hit a record.
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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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The US trade deficit has expanded to its highest level in 14 months, official data shows.
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The grim plight of the US dollar has been highlighted by news that the US economy notched up another record trade deficit in October.
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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.