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To: Wally Mastroly who wrote (8571)9/14/1999 11:53:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Trade gap rolls to record high

WASHINGTON - The U.S. trade deficit soared to a record $80.7 billion
in the second quarter of this year, fueled by a big increase in imports that
dwarfed a smaller gain in exports. The Commerce Department says the
deficit in the nation's current account climbed 17.5% in the April-June
quarter, after hitting a record high of $68.7 billion in the first three months
of the year. The current account is the broadest measure of trade because
it includes not only goods and services but also investment flows and U.S.
foreign aid payments.

usatoday.com