Deficit


U.S. Trade Deficit Rises to Nine-Year High

The U.S. trade deficit widened more than expected in December to its highest level since 2008, as robust domestic demand pushed imports to a record high, potentially putting pressure on…

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Budget Deficit Narrowed to $42.9 Billion in July

The federal budget deficit fell sharply in July from a year earlier, largely because of a quirk in the calendar. The U.S. Treasury Department said on Thursday that the budget…

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U.S. Trade Deficit Narrows in March

The U.S. trade deficit narrowed in March to the lowest level since October as both exports and imports fell. But the politically sensitive trade gap with China rose. The Commerce…

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U.S. Trade Deficit Fell in July

The U.S. trade deficit fell in July, as imports declined slightly and exports rose to the highest level in 10 months. The deficit declined to $39.5 billion, 11.6 percent lower…

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White House: Budget Deficit to Rise to $600B

The White House on Friday predicted that the government’s budget deficit for the soon-to-end fiscal year will hit $600 billion, an increase of $162 billion over last year’s tally. The…

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