RSS Feed
September 8th, 2022 
Awake Goy 
The OOCL Europe is docked at the Port of Newark in Newark, N.J., on Nov. 27, 2017. (Brendan McDermid/Reuters)
The U.S. trade deficit narrowed in July as exports hit a record high, a trend that could see trade continuing to contribute to gross domestic product in the third quarter.
The Commerce Department said on Wednesday that the trade deficit declined 12.6 percent to $70.6 billion. Exports of goods and services edged up 0.2 percent to $259.3 billion, while imports fell 2.9 percent to $329.9 billion.
Trade added 1.42 percentage points to GDP in the second quarter, despite an overall contraction in economic activity, after being a drag for seven straight quarters.
Follow
Related posts:
Job Openings Keep Rising, On Pace to Set New Record: Indeed Hiring Lab
Entire US Railway System Could Shut Down on January 1, 2016
Zarif meets with Serbia’s deputy PM, trade min.
E-commerce trade quadruples in H1
Japan Seeks Record Defense Budget Amid Threats From China, North Korea
Dismantle the ADL: The Anti-Defamation League’s record of racist counterinsurgency and espionage
Views: 0
Posted in 
Tags: 
