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
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
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