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GDP may get a lift after U.S. trade deficit drops to 5-month
The U.S. trade deficit sank almost 11% in August because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the third quarter.
USDA Projects Record Ag Trade Deficit of $30.5 Billion in 2024
USDA, which means the U.S. continues to purchase and import far more ag products than what is being sold and shipped to other countries. USDA is forecasting
US trade deficit narrows sharply in August
The U.S. trade deficit narrowed sharply in August as exports increased and imports fell, suggesting that trade could be a small drag on economic growth in the third quarter. The trade gap contracted 10.
Trade Deficit Narrowed by $8.5 Billion in August
Washington, DC, October 8, 2024-The goods and services deficit was $70.4 billion in August, down $8.5 billion from $78.9 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
U.S. Agriculture Faces Growing Trade Deficit, USDA Projects a Record Ag Trade Deficit in 2024
USDA forecasts agricultural exports at $173.5 billion and imports at a record $204 billion for a projected record trade deficit of $30.5 billion.
Lower Oil Exports Drag Canada to Sixth Monthly Trade Deficit
Canada recorded a C$1.1 billion ($806 million) trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy.
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger than expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Cyprus trade deficit drops to €4.98 billion in first eight months
Cyprus' trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (Cystat).
U.S. Trade Deficit Narrows In August As Exports Jump, Imports Fall
With exports surging and imports falling, the Commerce Department released a report on Tuesday showing the U.S. trade deficit
US trade deficit contracts as exports rise to record high
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting that trade could have little or no impact on economic growth in the third quarter. The smaller-than-
Canada Posts August Trade Deficit
Canada posted a trade deficit of Can$1.1 billion (US$805 million) in August, as exports fell due in part to lower crude oil prices, the government said Tuesday.
2d
America The Tax Haven? Exploring The U.S. Trade Deficit
In this episode of Tax Notes Talk, Professors Kenneth Austin and Hillel Nadler discuss the policies that they believe make ...
2d
Smaller US trade deficit supports strong economic growth estimates for third quarter
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little ...
2d
US Goods, Services Trade Gap Narrows to Smallest in Five Months
The US trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in ...
12d
The U.S. Trade Deficit Is A Problem, But Not For The Reason You Think
The U.S. trade deficit is a symptom of deeper problems in the American economy. getty. A debate over US trade deficits has ...
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