9 December 2011 Last updated at 14:49 GMT US imports have stagnated over the last six months The US trade deficit narrowed further in October as imports fell faster than exports, official data has shown. Total exports of $179bn (£115bn) fell 0.8% from September, while imports fell 1% to $223bn, giving a total deficit of [...]
Tag: us commerce department
December 10, 2011
November 24, 2011
US quarterly growth revised down
22 November 2011 Last updated at 13:59 GMT The revised figures still show that the economy is growing faster than earlier in the year The US economy grew at a slower pace than previously estimated in the three months to the end of September. Revised figures from the US Commerce Department show gross domestic product [...]
October 28, 2011
US tariff on South Korean fridges
27 October 2011 Last updated at 21:53 GMT Whirlpool started the action against rivals saying they were selling at “unfairly low” prices The United States has put preliminary anti-dumping duties on some fridge freezers from South Korea and Mexico. The US Commerce Department said it would apply duties of up to 37% on bottom-mount refrigerators [...]
October 27, 2011
US economic growth up on spending
27 October 2011 Last updated at 13:14 GMT The US economy grew at an annualised rate of 2.5% in the third quarter of this year, according to figures from the US Commerce Department. The figure was in line with expectations and a significant improvement on growth in the second quarter of the year of 1.3%. [...]