Subscribe Register Login

Tuesday, September 02, 2014, 12:53 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.


  • Job shop machinist

    3M 3M Little Rock facility is seeking a . Candidates must p...
    Little Rock, AR

  • Systems engineer

    systems engineerfirst security bank is seeking a to work ou...

  • Surveyor & crew chie

    licensed surveyor &survey crew chiefengineering & Survey...

  • Social work

    Instructor of UAMS South Central Family Medicine Residency P...

  • Electrical maintenance

    ppg ppg Protective and Marine Coatings Bringing innovation t...
    Little Rock, AR

Search 914 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online