Sentences with phrase «trade deficit narrowed»

Even so, the surge in exports meant that New Zealand's trade deficit narrowed in October compared to the previous month's deficit of $ 1,156 million.

The Commerce Department said the trade deficit narrowed to $ 49.0 billion in March from a revised $ 57.7 billion in February.

The revision was made after the trade deficit narrowed sharply in June — information that wasn't available to government analysts produced their first estimate for second - quarter growth.

On the corporate side, the disappointing manufacturing PMI number has to be considered alongside a much better reading for services, while the US trade deficit narrowed sharply in September due to a rebound in foreign countries» demand for American goods in spite of a strong US dollar.

WASHINGTON The U.S. trade deficit narrowed sharply in March as exports increased to a record high amid a surge in deliveries of commercial aircraft and soybeans, bolstering the economy's outlook heading into the second quarter.

Elsewhere, a Commerce Department report showed the U.S. trade deficit narrowed in March.

The number of Americans receiving unemployment aid fell to its lowest since 1973, and the U.S. trade deficit narrowed for the first time in seven months.

Elsewhere, a report revealed the U.S. trade deficit narrowed in March.

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.

The Financial Times reported in March 2017 that Kenya had seen its trade deficit narrow steadily from 20.4 % of GDP in 2012 to 7.7 % last year, calling Kenya «one of the strongest performing African economies in recent years».

Not exact matches

Lighthizer, who lacks his boss's need for public attention, appeared at a Washington - based think tank on Sept. 18 to explain at length why the administration is so obsessed with narrowing the trade deficit.

The U.S. demands came after Beijing offered to narrow the trade deficit by $ 50 billion, including by importing more liquefied natural gas, agricultural products, semiconductors and luxury goods, according to the person.

Also out this morning: U.S. trade deficit, which likely narrowed in September, will be released at 8:30 a.m. ET and the ISM non-manufacturing index, which is expected to show a small decline in the pace of service sector growth, will be released at 10 a.m. ET.

A separate report from the Commerce Department showed exports increased 1.2 percent in October, helping to narrow the trade deficit.

A successful negotiation for Trump will be convincing evidence that the U.S. trade deficit will narrow.

The U.S. trade deficit, meanwhile, narrowed sharply in March as exports increased to a record high amid a surge in deliveries of commercial aircraft and soybeans, bolstering the economy's outlook heading into the second quarter.

The clash reflects the tension between Trump's promises to narrow a U.S. trade deficit with China that stood at $ 375.2 billion last year and the ruling Communist Party's development ambitions.

By the end of the trading day on October 16, which was a Friday, the DJIA had lost 4.6 percent.5 The weekend trading break offered only a brief reprieve; Treasury Secretary James Baker on Saturday, October 17, publicly threatened to de-value the US dollar in order to narrow the nation's widening trade deficit.

«It's a pretty solid report with a big burst in consumption at the end of the year, a big narrowing in the trade deficit and some weakness in housing,» said Julia Coronado, chief economist for North America at BNP Paribas.

America's trade deficit with the rest of the world narrowed substantially in March, with exports striking the highest level on records that go back 26 years.

The... America's trade deficit with China narrowed sharply in March, in a boost to President Trump's bid to reshape trading relations with Beijing.

One of the Trump administration's main goals in triggering a renegotiation of the North American Free Trade Agreement was narrowing the U.S. trade deficits with Canada and MeTrade Agreement was narrowing the U.S. trade deficits with Canada and Metrade deficits with Canada and Mexico.

As long as Trump is focused on narrowing the trade deficit, there's a real risk of more tariffs and protectionism.

Australia's trade gap narrowed to $ 1.58 billion in April - down from $ 2.26 billion in March - which was well below the $ 2.1 billion deficit economists were expecting.

This has resulted in a narrowing in the trade deficit since mid 2003 to around 3 per cent of GDP in the March quarter.

Though he promised to narrow the yawning U.S. trade deficit, it reached $ 566 billion last year, a 12.1 percent increase over 2016 and the highest mark in nine years.

A separate report from the Commerce Department showed exports increased 1.2 percent in October, helping to slightly narrow the trade deficit.

These developments have led to a narrowing in the trade deficit from 3 1/2 per cent of GDP in the June quarter 2003 to around 3 per cent of GDP by the end of 2003.

The latest trade data for March are expected to show a sharp narrowing in the headline deficit, which should be partly due to the better goods trade balance, as seen in the relevant data released a week ago, while services balance should show an improvement too.

Mr Trump has made narrowing the multibillion - dollar US trade deficit with China a priority for his administration.

As it is, the government deficit in the US is troublesome, but the trade deficit is narrowing.

The Greenback's rally was then sustained by the better - than - expected reading for ISM's non-manufacturing PMI (59.8 vs. 55.5 expected, 55.3 previous), as well exports rising to a 2 - and - 1/2 - year high, which resulted in a narrower - than - expected U.S. trade deficit -LRB-- $ 42.4 B vs. - $ 42.7 B expected, - $ 43.6 B previous), and hawkish rhetoric from a bunch of Fed officials.