Trade gap narrows in July
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The nation's trade deficit narrowed in July as exports rebounded from an unusually weak June and the price of oil imports slipped, adding to evidence that the US economy is moving out of its recent soft patch.
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a deficit of $54 billion -- represented a 6.9 percent widening from July&#39;s trade gap of $50.5 billion. The bad news on trade is likely
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The US trade deficit fell to 50.15 billion dollars in July, 4.87 billion dollars down from the previous month, as imports declined for the first time in almost ayear, the US Commerce Department reported Friday.
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U.S. Treasury Secretary John Snow said  on Tuesday the U.S. trade deficit with China was too large,  less than a week after the government reported that the overall  U.S. trade gap hit its second-highest monthly level ever in  July.
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NEW YORK - A closely watched measure of future economic activity fell in July for the second consecutive month, reinforcing evidence that the nation's financial recovery is slackening.    The Conference Board said Thursday its Composite Index of Leading Economic Indicators dropped by 0.3 percent in July to 116.0, following a revised decline of 0.1 percent in June...
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The U.S. trade deficit widened to $54 billion in August, the second-highest in a string of record monthly trade gaps that shows no sign of abating.
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U.S. retail sales dipped in August  and the most comprehensive gauge of the U.S. international  trade gap widened to a record in the second quarter, government  reports released on Tuesday showed.
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U.S. retail sales dipped in August  and the U.S. gap with its international trade partners widened  to a record level in the second quarter of the year, government  reports released on Tuesday showed.
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Britain&#39;s international trade gap widened in July as it ran up a monthly deficit on its oil balance for the first time in more than a decade,official figures showed Thursday.
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Retail sales fell 0.4% in July - the first monthly decline in over a year - but the underlying trend remains strong, official figures showed today.
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WASHINGTON -- Helped by a record plunge in oil prices, America's trade deficit dropped dramatically in October, falling to the lowest level in 14 months.
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The deficit for trade in goods has widened slightly in July from the figure for June.
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Britainâs trade deficit unexpectedly shrank in May to the narrowest in more than one and a half years as buoyant economic growth in Europe and Asia raised exports. The goods trade deficit was Â£6.3 billion ($12.7 billion), the least since October 2005, down from a revised Â£6.9 billion a month earlier, the Office for National Statistics said. The report suggests British manufacturers are coping with the level of the pound, which reached the highest in a quarter-century last week on speculation of higher interest rates. British factories are benefiting from an economic pickup in the euro region, which buys half of their exports. Exports to non-European Union countries rose in May, by 2.3 percent, and imports fell by 1.9 percent, narrowing the gap in the goods trade to Â£3.5 billion. Exports to European Union nations rose 4.2 percent.
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US Treasury Secretary John Snow said on Tuesday the US trade deficit with China was too large, less than a week after the government reported that the overall US trade gap hit its second-highest monthly level ever in July.
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The U.S. trade deficit declined during the third quarter to the lowest level in two years, raising hopes that the country's trade troubles could be easing.
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The US trade deficit narrowed by nearly 9 percent in July, the Commerce Department reported yesterday -- but at $50.1 billion, the gap was still the second-largest on record.
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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.