Our Business News

Business articles & tips that will guide you.

Facebook
RSS

After declining for four straight months, the U.S. trade deficit widened by 10.4% in November to $47.8 billion, the Commerce Department said Friday. This is the largest trade gap since June and the biggest jump in the deficit since May. The trade deficit was well above the consensus forecast of Wall Street economists of a deficit of $44.8 billion. The data may cause economists to trim their estimates for fourth quarter gross domestic product. The consensus forecast prior to the trade data was economic growth at a 3.2% annual rate in the fourth quarter, up from a 1.8% growth rate in the third quarter. Imports rose in November while exports declined. The U.S. trade deficit with China widened to $26.9 billion in compared with $25.1 billion in the same month last year. The government also revised the deficit in October down slightly to $43.3 billion from $43.5 billion.

2012 ,

Comments are closed.

5 Biggest Mistakes F

The process of buying a home is riddled with obstacles. ...

How to deal with the

Who does not love bonuses? If you are in the ...

Is Content Marketing

In the attempt to streamline everyday business operations, companies are ...

9 Common Reasons for

If you’re like most business owners, the decision to apply ...

Google Takes Steps t

Rumours had abounded for several weeks, but finally Google has ...

web
statistics