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Re: Trade Deficit in U.S. Widened in April From Three-Year Low

By: ribit in FFFT | Recommend this post (0)
Tue, 04 Jun 13 9:36 PM | 44 view(s)
Boardmark this board | Food For Further Thought 		Msg. 52838 of 65535
(This msg. is a reply to 52834 by clo)
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clo
...a "widening" of the trade deficit is a bad thing.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Trade Deficit in U.S. Widened in April From Three-Year Low
By: clo in FFFT
Tue, 04 Jun 13 5:35 PM 		Msg. 52834 of 65535

Trade Deficit in U.S. Widened in April From Three-Year Low
By Shobhana Chandra - Jun 4, 2013 8:37 AM ET ....

The trade deficit in the U.S. widened in April from a more than three year low, reflecting a rebound in imports of consumer goods and business equipment that eases concern about the degree of slowing in economic growth.

The gap grew by 8.5 percent to $40.3 billion from a $37.1 billion in March shortfall that was smaller than previously estimated, Commerce Department figures showed today in Washington. The median forecast in a Bloomberg survey of 68 economists called for the deficit to grow to $41.1 billion. Imports climbed by 2.4 percent, twice the gain in exports.

More @ Bloomberg.com

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