Trade deficit shrinks as energy imports fall

Jun 18, 2014

Trade deficit shrinks as energy imports fall

The trade deficit narrowed in May as imports declined for the first time in a year and a half, data showed Wednesday, but weaker shipments abroad helped keep the trade balance in the red. The figures — which suggest the economy is slowing — ...

Trade deficit soars on fuel import costs

Dec 18, 2013

Trade deficit soars on fuel import costs

The trade deficit ballooned 35 percent last month compared with a year ago, the biggest November deficit on record, as fuel imports soared following the 2011 nuclear catastrophe, the government said Wednesday. The run of 17 straight months of deficits is the longest since ...