Posts Tagged ‘commerce department’

U.S. trade deficit widens as imports hit hig

The U.S. trade deficit surged to the widest imbalance in more than three years in January as imports hit an all-time high, the Commerce Department reported Friday. Economists forecast the deficit in 2012 will widen from last year’s $ 560 billion imbalance, thanks in part to the ongoing economic woes in Europe. Article © AHN […]

U.S. growth weak in first quarter

Weaker consumer and government spending helped hold the U.S. economy to anemic 1.8 per cent annualized growth in the first quarter, the U.S. Commerce Department says. View full post on Canada Business Stories