Chuck Tabbert, vice president of sales and marketing at Ultra Communications, wanted to find out how export regulations on U.S.-made satellites affected his fellow semiconductor manufacturers. So he asked them three questions. The first two questions asked companies how much of their regulated technology is available outside the U.S. The answer: most of it. The …
The trade deficit for February is expected to narrow slightly from the previous month. While purchases of petroleum products will add red ink to the balance sheet, a sharp drop in imports from China could provide deficit relief. The average forecast in a Bloomberg survey of 70 economists put the deficit at $51.6 billion. The …
By Tom DiChristopher Demand for American cars has recovered more quickly in emerging markets than in developed countries since the recession. This year, that trend is likely to continue. Last year, the value of American car exports worldwide outpaced the previous peak in 2008. Demand remains soft in Europe, but American car and automotive parts …
By Tom DiChristopher The trade deficit swelled in January, registering the largest gap in more than three years, as exports to China and the European Union plummeted and oil imports surged. Economists expected the deficit to widen only slightly. Instead, it leaped 4.18 percent from $50.4 billion in December, adjusted, to $52.6 billion in January, …
By Tom DiChristopher The U.S. trade deficit grew more than economists expected in December, as economic growth contributed to the highest import bill since July 2008. A Bloomberg survey of 75 economists had estimated the trade deficit would increase to $48.1 billion from $47.1 billion last month. The trade deficit hit $48.8 billion, according to …
