Trade Deficit Shrinks More Than Expected, Commerce Department Reports
09/09/2010
The exports increase was led by increases in capital goods of $2.3 billion and industrial supplies and materials of $500 million. Vehicles, parts, and engines saw a $400 million decrease. Consumer goods of $1.9 billion; vehicles, parts, and engines of $700 million; and industrial supplies and materials of $400 million marked import decreases.
The lower than predicted deficit should help spur economic growth. If the deficit continues to decrease, it could encourage third quarter GDP growth.
Project Announcements
Custom Air Handling Solutions Expands Burton, Michigan, Manufacturing Operations
04/22/2025
AgriAmerica Fruit Products Expands Chautauqua County, New York, Operations
04/22/2025
The Hershey Company Expands Dauphin, Pennsylvania, Operations
04/21/2025
Delta Star Expands Lynchburg, Virginia, Manufacturing Operations
04/21/2025
Gillespie Precast Plans Asheboro, North Carolina, Manufacturing Operations
04/21/2025
Japan-Based TMEIC Corporation Americas Plans Waller County, Texas, Manufacturing Operations
04/21/2025
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