Sentences with phrase «merchandise trade deficit»

Aside from the general worries of stock market overvaluation, blame for the collapse has been apportioned to such factors as program trading, portfolio insurance and derivatives, and prior news of worsening economic indicators (i.e. a large U.S. merchandise trade deficit and a falling U.S. dollar, which seemed to imply future interest rate hikes).

Although India runs a merchandise trade deficit (2 1/2 per cent of GDP in 2002/03), it has a modest surplus on the current account (0.8 per cent of GDP in 2002/03), owing to sizeable inward current transfers and a surplus for net services.

Statistics Canada released figures earlier Wednesday suggesting the country's merchandise trade deficit narrowed in January, though economists noted it was driven by a plunge in imports.

Of all the data in the release, the merchandise trade deficit (or surplus) receives the most attention, though both the export and import data in isolation are worth paying attention to.

Since 1976, the U.S. has sustained merchandise trade deficits with other nations, and since 1982, current account deficits.