SME Times is powered by   
Search News
Just in:   • Coal case: SC suspends summons to Manmohan  • Sensex closes 303 points up  • Bengal Jewellers join protest against mandatory PAN rule  • Tata Sons appoints new members on board  • IBM to invest USD 3 bn in new Internet of Things unit 
Last updated: 27 Sep, 2014  

US Flag THMB US trade deficit narrows in Dec

US Flag
   Top Stories
» Modi for competing with China in steel production
» Petrol prices cut by 49 paise a litre, diesel by Rs 1.21
» Core industries' output growth falls to 1.4 pc in Feb
» 29th India Carpet Expo generates new hopes for Industry
» Foreign debt at Dec-end rose to USD 461.9 bn
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
63.00
62.00
UK Pound
94.20
92.10
Euro
68.20
66.50
Japanese Yen 52.55 51.35
As on 02 Apr, 2015
  Daily Poll
Do you agree that Jaitley's Union Budget 2015-16 has neglected the SME sector?
 Yes
 No
 Partially Agreed
  Commented Stories
» Mass awareness key to success of MSME programmes(12)
» Starting an import export business: Basic guide for beginners(4)
» More SMEs getting aware of CGTMSE scheme: Minister(3)
» Budget 2015: Will MSMEs get a booster?(2)
» MSME schemes - Do you know all of them?(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter