US trade Deficit - ResearchtheU.S.TradeDeficitontheinternet.

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Research the U.S. Trade Deficit on the internet.  How has it changed recently?  Do you expect this trend to continue?  Is this trade deficit a bad thing or a good thing, and why?  What should we do about it if anything?  In October, the US trade deficit narrowed sharply, while only a slight decline was expected. The deficit shrank from a revised $44.6 billion to $38.7 billion, while a shortage of $43.8B billion was expected. This is the smallest trade gap since January. The one-month improvement in the deficit is the biggest since July. Some of the strength in exports could be tied to a weaker dollar. Relatively stronger growth in emerging market economies compared with the industrial world might be another factor, analysts said. The narrowing of the deficit in October was a surprise to economists. Analysts surveyed by Market Watch had expected the deficit to widen slightly to $44.3 billion from the initial September estimate of $44 billion. At a minimum, the October
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/02/2011 for the course ECONOMY G123/EC100 taught by Professor Melissa during the Spring '10 term at Rasmussen College.

Ask a homework question - tutors are online