US tech trade deficit tops &#36;102B in '06
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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 Tuesday.
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The U.S. trade deficit hit a fifth straight annual record in 2006, driven by a record oil import bill and a flood of goods from China, a government report showed on Tuesday.
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Oil prices and Chinaâs monetary competitiveness are blamed for the last August 54 billion US dollars trade deficit, the second highest in recent United States history.
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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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The United States trade deficit shrank to $51.6 billion in September, as exports posted their best month on record. In another report, new claims for jobless
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The US 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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The US trade deficit hit a record high of $68bn in July, due to the rising cost of oil imports, official figures show.
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America'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 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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The gap between US exports and imports hits an all-time high of $671.7bn (Â£484bn) last year, official figures show.
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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 current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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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. 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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The trade deficit jumped to the second-highest level in history as surging demand for foreign oil swamped a small gain in U.S. exports, the government reported Thursday. America's trade gap with China hit an all-time high as retailers stocked up on cell phones, toys and televisions in preparation for Christmas sales.
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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 narrowed in December but was still the second-highest monthly figure ever. And that lifted the deficit for 2004 to $617.7 billion -- an all-time high that shattered the previous record, set in 2003, by 24 percent.