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Tag Archives: exports

U.S.growth in 4Q likely stronger on export gains

WASHINGTON — The U.S. trade deficit narrowed sharply in December because exports rose while oil imports plummeted. The smaller trade gap means the economy almost surely grew in the October-December quarter — an improvement from the government’s estimate last week ...

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Trade gap hit $48.7 billion in November

WASHINGTON — The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports. The Commerce Department report Friday suggests trade will drag on economic ...

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U.S. current account deficit fell in Q2 to $117.4B

WASHINGTON — The U.S. current account trade deficit narrowed in the April-June period, pushed lower by an increase in American exports and cheaper oil imports. The Commerce Department said Tuesday that the deficit in the current account decreased 12.1 percent ...

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Business inventories up 0.1 percent in June

WASHINGTON — U.S. companies barely increased their stockpiles in June from May, and sales plunged by the largest amount in more than three years. Business inventories edged up a slight 0.1 percent in June after a 0.3 percent gain in ...

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Factory orders fell 0.5 percent in June

WASHINGTON — Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing. The Commerce Department said Thursday that factory orders fell 0.5 percent in June, the third decline in four months. Orders for core ...

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