by Hafsa Quraishi | Apr 15, 2020 | Economy, Featured
Things were looking good for Dan Payne. He spent nearly 3 years training and working at a manufacturing company in Wichita. Then in 2018, he landed his dream job, working at Spirit AeroSystems, a Boeing supplier. It all came crashing down in January, when he was laid...
by Hafsa Quraishi | Apr 2, 2020 | Economy, Featured, International Trade
The United States Bureau of Economic Analysis (BEA) will release February’s report on the international trade deficit in goods and services on Wednesday. In this report, the preliminary effects of the coronavirus should be seen but the U.S. won’t know it’s true impact...
by Hafsa Quraishi | Mar 11, 2020 | Economy, Featured, International Trade
The United States’ international trade deficit narrowed in January, as both imports and exports fell, and the spread of the coronavirus outbreak is likely to lead to a further slowdown. The trade gap fell 6.7% in January to $45.3 billion from a revised December number...
by Hafsa Quraishi | Feb 14, 2020 | Economy, Featured, International Trade
The United States’ international trade deficit shrank last year for the first time since 2013, as the U.S.-China trade war reduced imports and slowed global trade — but the trend will likely reverse this year as the market returns to normal. The U.S. trade...