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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (57209)	12/14/2004 9:49:40 AM
From: elmatador	Respond to of 74559

US trade gap widens to record $55.5bn NEW YORK, Dec 14 (Reuters) The US trade deficit widened nearly 9 percent in October to a record $55.5 billion as sky-high oil prices helped propel imports into uncharted territory, the government said on Tuesday. The shortfall was much larger than a mid-point estimate of $53.0 billion from Wall Street analysts surveyed by Reuters. Imports jumped to a record $153.5 billion in October, fuelled by record prices for imported oil, the Commerce Department said.