Trade Gap Widens, Industrial Output Up
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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 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 US trade gap unexpectedly narrowed in September to $51.6 billion as oil imports fell and exports of US goods and services rose to a record.
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The United States trade deficit widened slightly in October as a record price for imported oil outweighed the export-spurring benefits of a weaker dollar.
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Official figures show that the US trade deficit widened to the second-highest level on record in August.
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The U.S. trade deficit narrowed more than expected in September as a rise in exports to unprecedented levels offset the impact of record-high prices for imported oil, a government report showed on Wednesday.
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Chinese industrial production speeds up in May in spite of government measures to control the fast-growing economy.
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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. 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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Japan's trade surplus in October rose 8.8 percent as exports hit a record high on strong demand for ships, automobiles and steel even as export growth overall slowed.
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Stocks edged higher at the opening on Friday as data showing the U.S. trade gap narrowed more than expected in May offset concerns about rising interest rates.
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The U.S. trade deficit widened   sharply in July to a record $68 billion, as oil import prices,   and demand for foreign goods and services rose to new highs, a   government report showed on Tuesday.
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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 US trade deficit widened in August to its second-highest level on record, fuelled by the highest oil import prices in 23 years and record imports from China.
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The trade deficit hit another record high in October, with imports outpacing exports by $55.46 billion. The 9 percent increase from September was higher than expected
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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 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.