SME Times is powered by   
Search News
Just in:   • PNB net down Rs.723 cr  • MSE procurement policy hits bump  • Global concerns, slowing domestic growth dent markets  • Disappointed but won't give up on connecting India: Zuckerberg  • Japan stocks tumble over five percent 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» GDP growth slows to 7.3 pc in third quarter
» TRAI favours Net neutrality, says no to discriminatory pricing
» MSME confidence rises for Q4, find survey
» 'Bottlenecks in AYUSH exports being streamlined'
» India, Australia form panel for LNG supply to power plants
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
68.40
67.35
UK Pound
97.30
95.15
Euro
74.70
72.90
Japanese Yen 58.55 57.25
As on 09 Feb, 2016
  Daily Poll
Centre needs to take more steps to boost exports.
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(9)
» Fiscal dilemma(4)
» Modi regales entrepreneurs with one-liners on start-ups(2)
» Government announces first 20 'Smart Cities'(2)
» PM's Mann Ki Baat: Start-up not just about IT(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter