by D Escamillafuentes | Feb 13, 2024 | Featured, International Trade
The U.S. trade deficit increased in December proving that the U.S. economy, especially consumer spending, remains strong. The trade deficit for goods and services in December grew to $62.2 billion, increasing by $0.3 billion over the revised November figure of $61.9...
by David Westenhaver | May 23, 2022 | Economy, Featured, International Trade, Jobs, Newest
Robert Miller, the president and founder of Travel Advocates, was on pace for his best year ever when Covid hit. His business, which helps large groups book travel and accommodations throughout the country, earned two-thirds of its revenue from foreigners traveling to...
by David Westenhaver | May 3, 2022 | Economy, Featured, International Trade
The last two international trade reports have shown the US trade deficit holding at a record high. Tomorrow, the latest report will be released. Economists surveyed by Bloomberg expect the deficit to hit a new record, likely over $100 billion, compared with about $89...
by David Westenhaver | Apr 8, 2022 | Economy, International Trade
The US trade deficit remained at a near-record level in February, reinforcing the view that American consumers are faring better than their overseas counterparts despite continued bottlenecks at port cities throughout the country. The monthly trade deficit came in at...
by David Westenhaver | Apr 6, 2022 | Economy, Featured, International Trade
At least once a month, Bobby Garg, the president and CEO of SG Worldwide Inc., pays for a shipment of high-end whiskey and gin from India. A distillery in Uttar Pradesh makes the liquor. Dockworkers load the alcohol into a 20-foot crate, then place the crate on a ship...
by David Westenhaver | Mar 10, 2022 | Economy, International Trade
The U.S. trade ran its biggest deficit in history in January, a sign that American consumers are faring better than their overseas counterparts and continuing to purchase record numbers of goods. The total deficit, which measures the difference between U.S. exports...
