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11-13-2008, 09:14 PM #1
OPSenior Member
trade deficit shrinks YAY!
"A narrowing trade gap is likely to remain one of the few bright spots"
- bloomberg neglected to report that the sept 2008 trade deficit is larger than the sept 2007 deficit, the jan-sept 2008 trade deficit is larger than the jan-sept 2007 deficit, and the september trade deficit with china is the highest on record (almost a billion dollars per day for the month of september)maladroit Reviewed by maladroit on . trade deficit shrinks YAY! Trade Deficit in U.S. Probably Narrowed on Falling Oil Prices By Timothy R. Homan Nov. 13 (Bloomberg) -- The U.S. trade deficit probably narrowed in September as retreating oil prices reduced the value of imports, economists said before a report today. The gap shrank to $57 billion, the smallest in six months, from $59.1 billion in August, according to the median forecast in a Bloomberg News survey. A separate report may show the number of workers seeking jobless benefits continues to Rating: 5
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