Tag Archives: US trade

US trade deficit widens as exports decline sharply

The United States trade balance was released on Tuesday by the Commerce Department, which indicated a widening gap due to a large decline in exports as a result of the slowing global demand. Exports out of the U.S. fell the most since January 2009, especially since the country’s second largest export market, the European Union as whole, is suffering from the sovereign debt crisis. Data...

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December 11, 2012 @ 2:49 pm

1 Comment

US trade deficit widens as exports decline sharply

The United States trade balance was released on Tuesday by the Commerce Department, which indicated a widening gap due to a large decline in exports as a result of the slowing global demand. Exports out of the U.S. fell the most since January 2009, especially since the country’s second largest export market, the European Union as whole, is suffering from the sovereign debt crisis. Data show...

Continue reading...

December 11, 2012 @ 2:49 pm

1 Comment