Aug. Trade Deficit Shrinks
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-
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.
Trade Deficit Widens to $1.1 Billion in August
Today's release of GDP estimates indicates that Canada’s economy manages to attain growth despite the negative impact from wildfires. However, the overall picture is far from rosy.
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 merchandise exports.
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.
US Trade Gap Narrowest In Five Months As Imports Slip
An uptick in exports and fall in imports brought the August US trade deficit to its lowest level in five months, according to government data released Tuesday.
August Trade Deficit Shrinks as Exports Rise
The US trade deficit narrowed in August as exports grew while imports dipped, government data showed Tuesday. The goods and services deficit decreased nearly 11% month over month to $70.43 billion, the Census Bureau and the Bureau of Economic Analysis reported.
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 ...
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 ...
U.S. trade deficit drops to 5-month low and could add to GDP. Exports hit record high.
Story developing. Stay tuned for updates here. The numbers: The U.S. trade deficit sank almost 11% in August to a ...
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 ...
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 ...
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 ...
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Trade deficit narrows in July-Aug period of FY25
The narrowing trade deficit is attributed to a rise in export earnings coupled with a decline in import expenditure ...