Quantcast

Tag Archives: trade deficit

Economy grew at 2.5 percent rate in spring

WASHINGTON — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined. The Commerce Department said second-quarter ...

Read More »

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 ...

Read More »