SME Times is powered by   
Search News
Just in:   • Two major international jewellery shows to open next week  • H-1B visa: IT sector woes  • Fresh buying support lifts equities, end in green  • Satya Nadella meets IT Minister Prasad  • Maruti Suzuki's hybrid vehicles' sales soar 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» RBI tells banks to go digital to serve MSMEs better
» Ministries ink MoU for welfare of artisans in SC category
» India offers to share telecom expertise with ASEAN
» Cash withdrawal weekly limit goes up to Rs 50,000
» GST Council has cleared draft compensation law: FM
IANS | 09 Feb, 2013
The US trade deficit edged down in December 2012 due to a rise in exports and a decrease in imports, the Commerce Department reported.

The total trade deficit declined to $38.5 billion in December, down from a revised $48.6 billion in November, reported Xinhua.

Exports rose by $3.9 billion from the previous month to $186.4 billion in December.

Imports dropped by $6.2 billion from the previous month to $224.9 billion for the month caused by a plunge in oil imports.

The trade deficit has been a drag on US economic growth for many years. In 2012 overall, the trade deficit declined 3.5 percent from the previous year to $540.4 billion.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
67.85
66.15
UK Pound
85.00
82.05
Euro
72.45
69.95
Japanese Yen 59.85 57.90
As on 22 Feb, 2017
  Daily Poll
Will Budget 2017 help push MSME sector growth
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(12)
» Temptation of protectionism(9)
» Govt mulls 'Online Udyog Aadhaar Form' to ease SME registration(4)
» 'Digital lending marketplace can help SMEs to get easier and cheaper loan'(2)
» PMEGP to assist entrepreneurs financially: Dinesh Rai(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter