Author: Gina Heeb

Five Things To Watch in the March Trade Balance Report

The U.S. trade deficit in goods and services is expected to have hit a fresh high in March at $107 billion, potentially setting the stage for a further cooldown in economic growth. Here is what to watch in the March trade balance report, set for release by the Bureau of […]

U.S. Farmers Race Against Food Spoilage As Shipments Stall

By the time the cargo ship made it to India last summer, the container of apples from the U.S. had started to rot. The overseas trip had taken more than two months, about double the amount of time expected in past years.  After an inspection at the port, the Indian […]

U.S. Trade Deficit Remains Near Record High In February

The U.S. trade deficit held near its record high in February, just before the Russian invasion of the Ukraine pushed the prices of commodity exports and imports dramatically higher.  The trade deficit in goods and services narrowed by 0.1% to a seasonally adjusted $89.19 billion, according to data released by […]

March Jobs Report Expected To Show Another Month of Robust Hiring

Hiring is likely to have remained robust in March, showing the economy continues to improve at a time when concerns about the Russia-Ukraine war and high inflation have muddled the outlook.  Economists surveyed by Bloomberg estimate that the Labor Department report will show employers added 423,000 nonfarm payrolls this month, […]

U.S. Trade Deficit Swells To New Record 

The U.S. trade deficit swelled to a record high at the start of 2022, the latest sign that American demand for foreign-made goods has continued to sharply outpace shipments abroad. The trade deficit in goods and services rose by $7.7 billion, or 9.4%, to $89.7 billion in January, according to […]