Posts Tagged ‘trade deficit’

June Trade Deficit Up Slightly

The US trade deficit increased a bit in June. Generally, the change was regarded as positive as it seems to indicate that demand is picking up globally. The deficit increased to $27 billion from $26 billion in May. Economists had thought it would come in around $28.5 billion. Imports were $152.8 billion while exports clocked […]

Better Trade Data But It Doesn’t Stop Consumer Sentiment From Plunging

A bit of a mixed bag of economic numbers and a somewhat surprising take on second quarter GDP highlight the economic news today. First, consumer sentiment took a dive. It went from 70.8 in June to 64.6 this month. The expectation had been that it would drop to 70.5 which once again stands as a […]

Economist’s Reactions To The Trade Deficit News

From the WSJ Real Time Economics blog, here are some selected comments from economists concerning the decline in the trade deficit. Go to the site for a complete review. The simple story behind February’s trade figures is that exports stopped falling while imports continued to plunge. Export volumes showed their first increase since July. Most major […]

Roundingup Some News From Here And There

Consumer confidence improved a bit, the trade deficit narrowed, some striking workers in France released a hostage and China is worried about the safety of their Treasury hoard. Just a few things from around the world. Consumer confidence as measured by the Michigan Survey of Consumers edged up from 56.3 to 56.6. The percentage of […]