SME Times is powered by   
Search News
Just in:   • Markets open on a positive note  • Bread makers using only permissible chemicals: ASSOCHAM  • 13 cities win fast-track Smart City competition  • Tech Mahindra posts Rs.829.54 crore profit in Q4  • Cipla net profit dips 68.9 percent in Q4 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» Govt has the numbers to pass GST bill: Naidu
» Chabahar pact will reduce transportation cost of exports: FICCI
» India, Iran, Afghanistan sign Chabahar port agreement
» Govt eases licence fees for India-controlled ships
» Economic engagement with Iran, Afghanistan priority: Modi
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
66.90
65.85
UK Pound
96.35
94.20
Euro
75.95
74.10
Japanese Yen 61.15 59.75
As on 25 May, 2016
  Daily Poll
Will new National IPR Policy foster innovation, R&D?
 Yes
 No
 Can't Say
  Commented Stories
» Starting an import export business: Basic guide for beginners(12)
» MSME schemes - Do you know all of them?(3)
» New IPR policy(3)
» Govt lists tax benefits given to boost growth, jobs(2)
» DHFL to introduce innovative products, services for SMEs soon: CEO(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter