US Trade Deficit

The trade gap contracted 10.8 per cent to $70.4 billion from a revised $78.9 billion in July, the Commerce Department's Bureau of Economic Analysis said

Economists expected trade, which added to gross domestic product growth last year, to remain supportive to the economy in 2024, though Red Sea shipping disruptions posed risk

The trade deficit contracted 2.0% to $63.2 billion, then Commerce Department's Census Bureau said

Imports of goods and services fell 0.7% to $314.3 billion

Imports drop 1.0%, goods imports decline 1.2%; exports dip 0.1%, goods exports decrease 0.1%

Stocks on Wall Street were trading mostly lower. The dollar slipped against a basket of currencies. US Treasury prices fell

Exports increased 2.1% to $256.2 billion. Goods exports shot up 3.1% to $174.3 billion. Crude oil exports rose $2.5 billion, boosting shipments of industrial supplies and materials

The gap in goods and services trade grew 2.7% to $70.5 billion, the widest in four months, Commerce Department data showed Wednesday

The US economy grew at a robust 6.9% pace in the fourth quarter

The goods trade deficit jumped 17.8% to an all-time high of $125.3 billion.

The US trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined

The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high

The improving economic situation overseas drove up demand for American goods while domestic demand for imports slowed.

This comes as an improving US economy drove purchases of imported foreign goods.

The US trade deficit grew to a record USD 71.1 billion in February as a decline in exports more than offset a slight dip in imports.

The pandemic continued to disrupt global commerce

The Commerce Department said on Friday that the trade deficit jumped 17.7% to $678.7 billion last year, the highest since 2008

The US trade deficit jumped to USD 68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter

Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May