The numbers: The trade deficit in goods widened 7.7% in October to a five-month high of $99 billion, as a strong dollar and weakening global economy dented U.S. exports. The trade Read more
Tag: deficit
U.S. budget deficit narrows sharply in October
The numbers: The U.S. federal budget deficit narrowed to $87.8 billion in October, down from $165.1 billion in the same month last year, the Treasury Department said Wednesday. This is Read more
U.S. trade deficit jumps to three-month high as strong dollar dents exports
The numbers: The nation’s trade deficit jumped almost 12% in September to a three-month high of $73.3 billion, as falling oil prices and a strong dollar dented U.S. exports. The Read more
U.S. trade deficit widened in September
U.S. trade deficit widened in September
U.S. Treasury to auction $96 billion next week in refunding
The refunding: As part of its regular quarterly refunding, the U.S. Treasury announced Wednesday it would sell $96 billion in notes and bonds next week. The department said it would Read more
U.S. budget deficit shrank to $1.37 trillion in fiscal 2022 as receipts surged
The numbers: The U.S. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall. Key details: Read more
GDP set to turn positive again due to shrinking U.S. trade deficit and end ‘rule-of-thumb’ recession
The numbers: The U.S. international trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in gross domestic product in Read more
Shrinking U.S. trade deficit to turn GDP positive again
The numbers: The trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in U.S. gross domestic product in the Read more
U.S. trade deficit in goods shrinks fifth month in a row. Strong dollar dings exports
The numbers: The U.S. trade deficit in goods narrowed for the fifth month in a row to $87.4 billion, reflecting reduced demand for imports and the negative effects of a strong Read more
U.S. trade deficit in goods shrinks fifth month in a row. Strong dollar dings exports
The numbers: The U.S. trade deficit in goods narrowed for the fifth month in a row to $87.4 billion, reflecting reduced demand for imports and the negative effects of a strong Read more
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