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Thursday, October 13, 2011

U.S. and China Data Highlight Weakness in Global Economy - NYTimes.com

U.S. and China Data Highlight Weakness in Global Economy - NYTimes.com: The United States trade deficit was essentially unchanged in August at $45.6 billion, its lowest level since April and $100 million narrower than a year earlier. Exports and imports both slipped by $100 million, to $177.6 billion and $233.2 billion, respectively.

The trade deficit was slightly narrower than analysts’ expectations. The level for July was revised downward from $44.8 billion.

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