SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (13390)10/14/2004 10:09:09 AM
From: mishedlo  Read Replies (1) of 116555
 
U.S. trade gap widens sharply in Aug. on oil imports
Thursday, October 14, 2004 12:45:39 PM
afxpress.com

WASHINGTON (AFX) -- The U.S. trade deficit widened by 6.9 percent in August to $54.0 billion, the Commerce Department said. This is the second highest trade gap on record and was above the consensus forecast of Wall Street economists of a deficit of $51.6 billion. Imports rose faster than exports in August. Much of the increase in the deficit came from a larger amount and higher cost of imported oil. The U.S. trade deficit with China widened to a record $15.4 billion in August compared with $11.7 billion in the same month last year
=====================================================
Well judging from the reaction of treasuries and eurodollars the bond market is more concerned about jobs than PPI or trade gaps

Mish
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext