Home › U.S. Trade Deficit Increases by the Billions as Oil Imports Rise
 

Keywords :   


U.S. Trade Deficit Increases by the Billions as Oil Imports Rise

2013-03-07 16:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Fox: Due to a big jump in oil imports and slump in exports, the U.S. trade deficit widened in January to $44.4 billion. On Thursday the Commerce Department said the deficit rose by 16.5 percent from December. U.S. exports dropped 1.2 percent to $184.5 billion, reflecting declines in sales to Europe, China, Japan and Brazil. Imports rose 1.8 percent to $228.9 billion as oil imports surged 12.3 percent. Yet despite the wider deficit in January, economists still believe the deficit this year will narrow...

Tags: trade oil rise increases

Category:Electronics and Electrical

Latest from this category

All news
»
12.09Tropical Storm Ileana Public Advisory Number 2
12.09Summary for Tropical Storm Ileana (EP4/EP092024)
12.09Tropical Storm Ileana Graphics
12.09Tropical Storm Ileana Forecast Discussion Number 2
12.09Tropical Storm Ileana Wind Speed Probabilities Number 2
12.09Tropical Storm Ileana Forecast Advisory Number 2
12.09Post-Tropical Cyclone Francine Public Advisory Number 17
12.09Tropical Depression Seven Graphics
More »