Trade deficit soars to an all-time high



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 13 Aug 2004 09:39:43 AM
Object: Trade deficit soars to an all-time high
From Reuters, 8/13/04:
http://msnbc.msn.com/id/5694670/
U.S. trade deficit widens, hitting a record
Biggest exports drop in three years, record imports reported
WASHINGTON -
The U.S. trade deficit widened much more than expected in June,
hitting a record $55.8 billion dollars as the biggest drop in exports
in nearly three years combined with record imports, the government
said on Friday.
Wall Street economists had expected the deficit to widen, but looked
for a gap of just $47 billion.
In its report, the Commerce Department also revised May’s trade
shortfall to $46.9 billion from the previously reported $46.0 billion.
The department said exports fell 4.3 percent to $92.8 billion in June,
the biggest decline since September 2001 and the weakest performance
since February.
___________________________________________________________
Harry
.

User: "InsuranceBroker"

Title: Re: Trade deficit soars to an all-time high 13 Aug 2004 08:10:41 PM

Subject: Trade deficit soars to an all-time high
From: Harry Hope


Date: 8/13/2004 10:39 AM Eastern Daylight Time
Message-id: <tkkph0hr4chfofpco0ir6vao6jgm4f7gph@4ax.com>
From Reuters, 8/13/04:
http://msnbc.msn.com/id/5694670/

U.S. trade deficit widens, hitting a record

AS is the national debt. The federal budget deficit next year will be over 450
billion dollars without the cost of the Iraq war.
Doing Insurance business in the Garden State
.


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