Subscribe Register Login

Sunday, December 21, 2014, 9:14 a.m.
Top Picks - Arkansas Daily Deal

U.S. growth in 4th quarter likely stronger on export gains

By The Associated Press

This article was published February 8, 2013 at 11:18 a.m.

— The U.S. trade deficit narrowed sharply in December because exports rose while oil imports plummeted.

The smaller trade gap means the economy probably grew in the fourth quarter — an improvement from the government’s estimate that it shrank in the final months of 2012.

The trade deficit fell nearly 21 percent in December from November to $38.6 billion, the Commerce Department said. That’s the smallest in nearly three years.

Exports rose 2.1 percent to $186.4 billion. Exports of oil and other petroleum products rose to the highest level on record.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. growth in 4th quarter likely stronger on export gains

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Estimator

    estimatorbaldwin & Shell Construction Co has an immediate op...
    SPRINGDALE, AR

  • Special ed teacher

    speech language pathologist Pulaski County Special School di...
    LITTLE ROCK, AR

  • Route driver

    route drivercanteen has immediate FT openings for career min...
    LITTLE ROCK, AR

  • Education

    pulaski technical college in North Little Rock, Arkansas, th...
    LITTLE ROCK, AR

  • Teachers

    Covenant Keepers Charter School in Little Rockis interviewin...
    LITTLE ROCK, AR

Search 866 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online