Mazda Motor of America Inc. plans to park its Northeast imports at the Port of Baltimore for the next five years, the company and state officials announced Tuesday.

Tagged with: Baltimore Business business news cars imports Port of Baltimore

WASHINGTON — Fewer people are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports are plunging, narrowing the trade deficit. A string of data Thursday raised hopes ...

Tagged with: Economy employers great recession growth hiring imports jobs oil spending trade deficit work

WASHINGTON — The U.S. trade deficit widened in January, reflecting a big jump in oil imports and a drop in exports. The Commerce Department said Thursday that the deficit rose to $44.4 billion, an increase of 16.5 percent from December. ...

Tagged with: Economy exports imports oil trade trade deficit

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 ...

Tagged with: Business business news Economy exports imports oil trade trade deficit

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 ...

Tagged with: Business capital economics China Economy europe exports hurricane sandy imports National Association for Business Economics oil Paul Ashworth trade trade deficit

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 ...

Tagged with: Economy exports great recession imports industry jobs middle east Recession trade trade deficit

BEIJING — China’s imports shrank unexpectedly in August in a sign its economic slump is worsening and the Chinese president warned growth could slow further, prompting expectations of possible new stimulus spending. Imports declined 2.6 percent from a year earlier, ...

Tagged with: beijing China Economy european union great recession imports Recession

Automobiles drove a banner year for the Port of Baltimore in 2011, as the port handled a record $51.4 billion in cargo, including a nation-leading total of cars and trucks. According to the port’s figures, it also led the nation ...

Tagged with: automobiles cargo equipment exports imports Port of Baltimore

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 ...

Tagged with: commerce department consumers economic growth exports imports Labor Department products trade trade deficit

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 ...

Tagged with: Business commerce department death penalty debt crisis europe exports growth imports trade deficit