Subscribe Register Login

Saturday, September 20, 2014, 7:12 p.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

  • Telemarketing agents

    Needed Position is part-time Starting at $9.00/hour Plus Bo...
    Bryant, AR

  • Sous chef

    Senior Retirement Community: Opportunity for an energetic Cu...
    LITTLE ROCK, AR

  • Temporary forestry

    40 temporary General Forestry Laborer Positions: 12/01/14- 0...
    DE QUEEN, AR

  • Avaition tech instr.

    aviation maintenance technician instructorthe applicant will...
    POCAHONTAS, AR

  • Administrative assistant

    vantage point of northwest arkansas Is seeking qualified app...
    SPRINGDALE, AR

Search 884 jobs >

Top Picks - Capture Arkansas
Arkansas Online