SME Times is powered by   
Search News
Just in:   • Sensex drops 53 points; capital goods sector drop  • Dip in mining revenue may reflect in Odisha budget  • Competition regulator clears L&T-Bradken deal  • Fairfax plans modernization of Secunderabad Railway Station  • Max India to be split into three verticals, exit clinical research 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» Recent reforms to catapult investment: DIPP secy
» India, US to identify sectors for investments: Commerce Minister
» 'Global Exhibition on Services' to focus on SMEs
» 'Govt mulls on national policy on spices trade'
» OPIC to support lending to SMEs across India: Obama
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
63.85
62.80
UK Pound
99.90
97.65
Euro
79.15
77.25
Japanese Yen 54.05 52.80
As on 28 Jan, 2015
  Daily Poll
Do you think that Planning Commission's new avatar 'NITI Ayog' will perform better?
 Yes
 No
 Can't say
  Commented Stories
» SME policy: What China is doing and we're not(9)
» MSME reform: Will Budget 2015 start the ball rolling(4)
» Starting an import export business: Basic guide for beginners(2)
» RBI rate cut: It's government's turn to make a move(2)
» Amendment in excise duty exemption for SSI units notified(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter