Subscribe Register Login

Friday, August 01, 2014, 7:02 a.m.
Top Picks - Capture Arkansas

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

  • Cdl drivers

    Tri National Inc. is Hiring...Sign on BonusTeams /$10,000 - ...
    LITTLE ROCK, AR

  • Shipping supervisor

    earn egg-cellent pay openings Along with an excellent compen...
    SILOAM SPRINGS, AR

  • Customer service representative

    customer service representative Full-Time: Takes incoming ca...
    Little Rock, AR

  • Health/pe teacher

    lakeside school district in Hot Springs is accepting applic...
    HOT SPRINGS NATIONAL PARK, AR

  • Tree tirmmers

    27-temporary Tree Trimmers & Pruners Position: 10/1/14- 12/1...
    LITTLE ROCK, AR

Search 902 jobs >

Top Picks - Capture Arkansas
Arkansas Online