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Tag Archives: exports

U.S. trade deficit grew to 3-year high in January

WASHINGTON — The U.S. trade deficit surged in January to the widest imbalance in more than three years after imports grew faster than exports. Rising oil prices helped drive imports to a record high, as did stronger demand for foreign-made ...

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U.S. trade deficit up to $48.8 billion in December

WASHINGTON — Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region’s debt crisis will still weigh on the U.S. economy this year. The ...

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Trade deficit shrinks for fourth straight month

WASHINGTON — The U.S. trade deficit narrowed in October to its lowest point of the year after Americans bought fewer foreign cars and imported less oil. The shrinking trade gap boosted growth over the summer and may do so again ...

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Trade deficit narrows in April to $43.7 billion

WASHINGTON — American companies sold more computers, heavy machinery and telecommunications equipment in foreign markets in April, pushing exports to a record high. Imports declined, reflecting a big drop in auto imports from Japan caused by supply disruptions from the ...

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Egypt targets $10 billion in outsourcing exports

CAIRO — Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its focus on information technology entrepreneurship and co-ownership of intellectual property, the country’s information technology minister said Wednesday. The ...

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