Tag: Oil

TRADE DEFICIT NARROWS TO END-OF-RECESSION LEVEL OF $35.4 BILLION

The U.S. trade deficit plummeted in February to its lowest level in five years as the West Coast labor disputes contributed to depressed imports and exports, and a stronger dollar hindered the global competitiveness of domestic goods. The deficit narrowed by $7.2 billion to $35.4 billion, a 17% decrease from […]

Economic Growth Slow but Steady

Three consecutive months of job growth indicates that the economy has finally reached a point of stability, after gaining more jobs in the month of February. The private sector added 227,000 jobs with marked growth in professional services, health care and manufacturing and the unemployment rate was steady at 8.3 […]