US trade gap shrinks to $51.6 billion
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WASHINGTON (CBS.MW) - A strong euro and a strong hurricane helped cut the US trade deficit by 3.7 percent to $51.6 billion in September.
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The U.S. trade deficit narrowed in  December as the declining dollar gave exports a boost, while  first-time claims for jobless benefits last week fell to the  lowest level in more than 4 years.
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Export growth slowed in April as shipments to the United States fell for the first time in more than two years. Exports overall grew 8.3 percent, slowing from 10.3 percent growth in March, the Ministry of Finance said in a report. Shipments to the United States fell 4.8 percent, after growing 2.4 percent the previous month. The slowest growth in four years in the United States, destination of a fifth of Japanese exports, led to reduced demand for automobiles and electronics. Japanâs trade surplus in April rose 51.8 percent, to 926.7 billion yen ($7.6 billion).
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WASHINGTON - The US trade deficit unexpectedly narrowed in July as Boeing Co., General Electric Co. , and Deere &amp; Co. shipped more airplanes, engines, and tractors overseas.
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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 - The US trade deficit continues to swell to new records, hitting $55.5 billion US in October. The US Commerce Department said Tuesday that the trade deficit grew by 8.9 per cent from September, even
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US retail sales dipped in August and the most comprehensive gauge of the US international trade gap widened to a record in the second quarter, government reports released on Tuesday showed.
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The UK trade gap with the rest of the world shrank to Â£3.6bn in April, the Office for National Statistics says.
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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, the government  said on Tuesday, while a second report showed industrial output  rose in November, as expected.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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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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WASHINGTON -- The U.S. trade deficit set a fifth consecutive annual record in 2006, reflecting a huge jump in America's foreign oil bill and an all-time high for the trade gap with China. The year ended with the December deficit increasing more than had been expected.
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The gap between how much the US exports and imports has narrowed to its lowest level in more than a year.
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WASHINGTON: The US trade gap widened nearly 9 per cent in October to a record $US55.5 billion ($NZ79.13b) as sky-high oil prices helped propel imports into new territory, while industrial output rose as expected in November.
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The US trade gap narrowed to a four-month low in July helped by car and food sales, official data shows.
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The US trade deficit narrowed in 2007, figures show, after rising exports offset the rapid growth in oil imports.
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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.