Thursday, September 16, 2010

U.S. Trade Deficit Rises in Q2

(CBC News – The Associated Press)

Americans’ stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second quarter to its highest point since late 2008. The Commerce Department said the current account trade deficit grew to $123.3 billion US in the April-to-June period, a 12.9% increase from the first quarter. Read more here.