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
Kimberly-Clark Expands Aiken County, South Carolina, Distribution Operations
05/04/2025
Aerowerks Plans Gaffney, South Carolina, Manufacturing Operations
05/04/2025
Sweden-Based Troax Group Plans Portland, Tennessee, Manufacturing Operations
05/04/2025
Kimberly-Clark Corporation Plans Warren, Ohio, Manufacturing Operations
05/04/2025
Denmark-Based Novonesis Expands Salem, Virginia, Production Operations
05/04/2025
Polyvlies USA Expands Winston-Salem, North Carolina, Manufacturing Operations
05/04/2025
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