by Shukria Bayan | Mar 21, 2023 | Trade
The U.S. trade deficit increased again in January as the U.S. economy continued to be stronger than expected. The trade deficit for goods and services in January reached $68.3 billion — an increase of $1.1 billion over the revised December figure of $67.2...
by Francisco Uranga | Mar 8, 2023 | Trade
NEW YORK— United States imports and exports soared in January, reflecting that both foreign and domestic demand is strong despite rising interest rates. The trade deficit increased 1.6% over December and reached $68.3 billion, according to data released Wednesday by...
by Francisco Uranga | Feb 14, 2023 | Featured, Trade
NEW YORK— The U.S. trade deficit soared in 2022 and reached a historical record of nearly $1 trillion grew because of high oil prices, inflation, and the relative strength of the U.S. economy compared to the rest of the world. Annual net exports of goods and services...
by Aria Velasquez | May 3, 2021 | Featured, Trade
The March international trade report is expected to deliver news of another record-breaking trade deficit. The U.S. is importing and exporting more, a sign that the economy is finding its legs as it recovers from the pandemic-induced recession. The trade gap is...
by Aria Velasquez | Apr 17, 2021 | Featured, Trade
Aria Velasquez · How small craft retailers are navigating the choppy waters of recovery – Dismal Science ARIA VELASQUEZ: Kelly Straub had high hopes for her business, Shirsty Cat Designs, at the beginning of last year. The independent yarn dyer from Montgomery...
by Aria Velasquez | Apr 15, 2021 | Featured, Trade
The U.S. trade deficit hit a record high in February, the result of increased consumer spending during the recovery from the COVID-19 pandemic and the corresponding economic crisis. Imports and exports both fell in February, resulting in a trade gap of $71.1 billion,...
