An advanced look at U.S. trade patterns in March showed a 0.7% increase in the trade gap in goods, the U.S. Census Bureau said Friday.
The numbers: An early look at U.S. trade patterns in March points to a slight increase in the nation’s trade deficit at the end of the first quarter. The advance trade deficit in goods rose 0.7% to $71.4 billion, according to a government report. Economists polled by MarketWatch expected a $72 billion trade gap.
What happened: Both imports and exports rose in March, but imports rose at a faster pace. The gain in exports was led by agricultural products. Imports were driven higher by food, industrial supplies and autos. The decline in inventories could be a good sign. Companies are either selling goods at a faster clip or they are doing a better job of aligning inventories to sales.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Sinclair Broadcast Group is buying 21 regional sports networks from DisneyWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
Lire la suite »
Pending home sales skyrocket in March, signalling a spring rebound for housingHome contract signings surged in March, suggesting a stronger pace of sales ahead.
Lire la suite »
Pending home sales jumped 3.8% in March, thanks to a big dip in mortgage ratesHome shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association of Realtors' Pending Home Sales Index. That was higher than analysts had expected. Sales were 1.2% lower compared with March 2018, the 15th straight month of annual declines.
Lire la suite »
China spends $73 billion on transport infrastructure in March quarter: ministryChina's total fixed-asset investment in transport infrastructure hit 488.9 ...
Lire la suite »
Thousands march in Hong Kong against proposed law allowing extraditions to mainland ChinaThousands of protesters took to the streets of Hong Kong on Sunday to demand the local government scrap a plan that would allow extraditions to mainland China – an idea that has also raised concerns among foreign investors.
Lire la suite »
Consumer spending jumps in March while core inflation moderatesConsumer spending rose 0.9% in March while core inflation moderated to a 1.6% annual rate, the government said Monday.
Lire la suite »
US consumer spending surges 0.9% in MarchU.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remained non-existent
Lire la suite »
Consumer spending bounced back in March“The consumer is in good shape. Income is growing at a fast enough pace to drive healthy levels of consumption,” one market strategist said.
Lire la suite »
China's industrial profits pick up in March with 13.9 percent riseProfits at China's industrial firms grew in March, rebounding from four mon...
Lire la suite »
China's industrial profits pick up in March with 13.9 percent riseProfits at China's industrial firms grew in March, rebounding from four mon...
Lire la suite »