Trade Deficit Widens To 7.1%

Investor's Business Daily
August 2015
Investors Business Daily;8/6/2015, pA01
10 A strong dollar, growing consumer demand and record high imports pushed the U.S. trade deficit to 7.1% in June. The gap between U.S. exports and imports widened to $43.8 bil from $40.9 bil. Food and car imports reached a new high, pushing total imports up 1.2% to $232.4 bil. Exports dropped 0.1% to $188.6 bil. The U.S. trade deficit with the EU set a record.


Related Articles

  • Trade deficit widens for US.  // Hill;3/10/2014, Vol. 21 Issue 30, p14 

    The article reports that the trade deficit of the U.S. had widened by about 0.3 percent into $39.1 billion in January 2014 due to the weak demand of American services and products abroad.

  • Economic Structure and Context: Trade Profile.  // United States Country Monitor;Nov2011, p18 

    Several tables are presented which show the major trading partners of the U.S. in 2010 and 2000 which include Canada, Mexico and China.

  • Styrene tumbles on weak demand. Ong, Clive // ICIS Chemical Business;9/22/2014, Vol. 286 Issue 9, p2 

    The article discusses spot prices for styrene in China. It is noted that prices for styrene monomer have fallen below $1,500 per ton in that country, with softness in the styrenic resins sector said to be a contributing factor. An unidentified resin user in China says economic weakness in Europe...

  • Remarks Announcing the President's Export Council. Obama, Barack H. // Daily Compilation of Presidential Documents;7/7/2010, p1 

    The article presents a speech by U.S. President Barack Obama, delivered in the East Room at the White House, Washington D.C. on July 7, 2010 in which he discussed the state of the U.S. economy and the need for growth, the launch of the President's Export Council, and the U.S.'s trade initiatives.

  • US economics, markets are affected by global happenings. Carrico, Jennifer // High Plains Journal;8/8/2016, Vol. 134 Issue 32, p21B 

    The article reports on the impact of changes of international economics and markets, including Brexit, on the economics and markets in the United States, according to David Kohl, according to professor emeritus of agriculture and applied economics David Kohl at Virginia Tech.

  • Import growth slows to 1%.  // Furniture/Today;10/10/2011, Vol. 36 Issue 6, p1 

    The article focuses on the report of the research department of the journal "Furniture/Today" regarding the sluggish growth of furniture import in the U.S. during the first six months of 2011. It says that imports for residential furniture has increased one percent due to the economy's impact on...

  • External Sector: Recent Developments.  // United States Country Monitor;Nov2011, p15 

    The article discusses the economic developments of the external sector in the U.S. It says that the international trade deficit of the country has remained in its steady position in August 2011 as exports and imports experienced strong shifts within its subcategories due to the sharp pullback of...

  • "Vacillating Growth" for Material Handling.  // Material Handling & Logistics;May2011, Vol. 66 Issue 5, p14 

    The article provides an economic forecast for the U.S. for 2011-2012, relative to material handling equipment manufacturing. It expects that vacillation of the growth of the production of this material handling equipment will occur over the coming months. It forecasts the increased demand for...

  • Manufacturing Mandate may help secure new Sputnik moment. Richards, Frances // Motion System Design;Feb2011, Vol. 53 Issue 2, p6 

    The article focuses on government move in securing the future of U.S. It says that President Barack Obama during the State of the Union Address on January 25, 2011 spoke of how U.S. can secure its future in an increasingly competitive global market. It adds that Obama also highlighted the need...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics