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U.S. trade deficit in goods plunges 8.3% in August and might only be small drag on GDP
After hitting the highest levels in more than two years in July, the U.S. trade deficit in goods narrowed 8.3% to $94.3 billion in August, according to the Commerce Department’s advanced estimate released Friday.
Mexico’s trade deficit expands to $4.87 billion in August as imports surge
In an unexpected turn of events, Mexico’s trade deficit rose to $4.868 billion in August 2024, a significant increase from the $1.278 billion deficit reported in the same month the previous year, which means a gap of 73.
U.S. international trade deficit narrows to $94.3B in August
B vs. -$100.0B consensus and $102.8B in July (revised). Exports of goods for August were $177.0 billion, $4.1 billion more than July exports. Imports of goods for August were $271.3 billion, $4.5 billion less than July imports.
U.S. trade deficit in goods shrinks 8.3% in August
The U.S. trade deficit in goods narrowed 8.3% to $94.3 billion in August, according to the Commerce Department’s advanced estimate released Friday. This is the smallest trade gap since March. Economists polled by Econoday were looking for the deficit to narrow to a $100 billion deficit from last month’s $102.
1h
Atlanta Fed GDP Forecast Hits Highest Third-Quarter Level
A busy week of economic data releases lifted the Federal Reserve Bank of Atlanta’s closely watched estimate of real gross ...
1h
Canadian dollar pares weekly gain as GDP boost proves short-lived
The Canadian dollar weakened against its U.S. counterpart on Friday, giving back some of its weekly gain, as technical ...
7h
Stock market today: S&P 500 clinches fresh record amid GDP data, chip stock gains
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's ...
2h
on MSN
Canada GDP Fades After Rising 0.2% in July
Signs that Canada’s economy stalled again last month has growth this quarter, tracking below the central bank’s target and ...
11h
Spain's Quarterly GDP Growth in Q2 Confirmed at +0.8% - Final Data
On an annual basis, Spain's second-quarter economic output expanded 3.1%, INE said, revising the growth from a preliminary ...
1d
GDP: US economy grows at 3% annualized pace in second quarter
The third estimate of second quarter GDP shows that the economy grew at a solid pace to start the first half of 2024.
The Globe and Mail
13m
More Rate Cuts for Canada? Advance August GDP Looks Flat
The construction sector fell for the second month. The economy looks to show more weakness in August, as advance information ...
1d
Italy sees 1% GDP growth in 2024, 1.2% in 2025, cuts deficit goals, sources say
Italy is targeting 1% economic growth this year and 1.2% in 2025 and has revised down its deficit goals as a proportion of ...
thestockdork
1d
Do Imports Subtract from GDP? Simple Guide
Explore the impact of imports on GDP with our expert analysis. Do imports subtract from GDP? Get all the facts and enhance ...
1d
Zambia Inflation Quickens, GDP Growth Slowest in Three Years
Zambia’s annual inflation rate rose to its highest level in almost four years in September and the economy grew at its ...
devdiscourse
54m
Govt Welcomes Marginal Employment Growth and GDP Expansion in South Africa
The GCIS emphasized that this growth reflects the government's commitment to collaborating with social partners to stabilize ...
5h
on MSN
Boeing strike costs U.S. $1 billion of GDP in just two weeks as negotiations resume
Over 32,000 striking workers look set to refuse Boeing’s latest offer, but the costs are mounting on both sides.
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