SME Times is powered by   
Search News
Just in:   • Markets open higher, Sensex at 31673 pts  • Empowering rural women entrepreneurs is itself a challenge: Parul S Mehta  • Invite Nilekani to join Infosys board: Domestic investors  • Bandhan Bank focuses on gold loan, initiates listing process  • Govt appoints Bansal as new CMD of Air India 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» Development, good governance key to citizens' satisfaction: PM
» Govt notifies new Rs 200 notes; no plan to ban Rs 2,000 note
» NITI Aayog invites applications for 'Mentor India' to boost entrepreneurship
» Right to Privacy a fundamental right: SC
» Train mishaps in UP continue, Prabhu offers to quit
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
65.15
63.45
UK Pound
84.20
81.35
Euro
76.70
74.10
Japanese Yen 59.10 57.10
As on 24 Aug, 2017
  Daily Poll
Is GST affecting exports negatively?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(25)
» Exports slowdown(14)
» PM's I-Day speech: Govt eases way for small businesses(7)
» Economic Survey: Volume-2(6)
» Digital advertising in India growing at a rate of 40 pc annually(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter