Record high imports sharply widen US trade deficit in December
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might have prompted businesses to rush purchases of foreign-made goods like metals and computers.
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats. The trade gap increased 24.7% to $98.4 billion, the highest since March 2022, from a revised $78.9 billion in November, the Commerce Department's Bureau of Economic Analysis said on Wednesday.
U.S. Trade Deficit Spikes To Over Two-Year High In December
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in December, as imports
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump raised tariffs.
U.S. Goods-Trade Deficit, a Trump Bugbear, Hits New Record
The U.S. trade deficit grew again at the end of last year as exports slipped, widening a gap the new administration has vowed to address. Imports increased 3.5% on the month in December, while exports fell 2.
U.S. trade deficit widens more than expected in December
The U.S.'s international trade in goods and services deficit jumped to $98.4B M/M in December, vs. slightly larger than the $96.5B shortfall expected, from $78.9B in the previous month (revised from $78.
US factory orders decline again in December
New orders for U.S.-manufactured goods dropped in December, pulled down by a decline in bookings for civilian aircraft, but ...
US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
U.S. job openings fell in December, a sign that the labor market is cooling but still healthy.
Ohio casino and racino revenue remains steady in 2024 despite December decline
Ohio's casinos and racinos managed to maintain their revenue stream in 2024, even with a slight December decrease compared to ...
US construction spending beats expectations in December
U.S. construction spending increased more than expected in December, boosted by single-family homebuilding, but high mortgage ...
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
Job openings decline sharply in December to 7.6 million, below forecast
Openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday.
Brownfield Ag News2d
December soybean crush strong, corn for ethanol mixed
The USDA says 218 million bushels of soybeans were crushed during December 2024. That monthly record was up 8 million from ...
fingerlakes111h
State approves billions in contracts, payments for December
In December, New York’s Office of the State Comptroller authorized over 2,200 contracts worth $8.1 billion and processed nearly $16.8 billion in payments. It also rejected 295 contracts valued at $6.9 ...
4W Metal | December 2024
Goodman, 72, has put his stunning New Orleans mansion on the market for $5.5 million—just weeks after his Los Angeles abode ...