U.s. Trade Gap | featured news

US trade gap hit $48.7 billion in November

The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced modest growth in exports.

 

Unemployment aid hits 7-month low, trade gap falls

Unemployment aid hits 7-month low, trade gap falls

The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty overseas. The number of people who applied for unemployment benefits last week fell to a seasonally adjusted 390,000, the Labor Department said Thursday. That's the fewest since April.

 

Weak dollar improves US trade gap

The US trade deficit shrank in August as the weak dollar boosted exports, according to the Commerce Department.

 

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