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THE U.S. BUDGET DEFICIT 26% to $984 billion in 12 months through September. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. annual budget deficit nears $1T with 26% rise

WASHINGTON – The United States budget deficit widened to almost $1 trillion in the latest fiscal year, surging to the highest level since 2012...
U.S. BOOKINGS for all durable goods declined 1.1% year over year in September. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. business-equipment orders drop second month, miss forecast

WASHINGTON – Orders placed with United States factories for business equipment declined for a second straight month and shipments matched the biggest drop since...
OVERALL U.S. retail sales declined 0.3% in September from the prior month. / PBN FILE PHOTO/MICHAEL SALERNO

U.S. retail sales unexpectedly drop in sign consumer shaky

WASHINGTON – United States retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main...
THE UNITED STATES goods-trade gap with China shrank to a seasonally adjusted $28.9 billion in August from $29.6 billion a month earlier. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap with China narrows as exports hit five-month high

WASHINGTON – The United States' merchandise trade deficit with China narrowed in August as exports rose to a five-month high, a possible sign of...

U.S. economy cools on consumer spending, equipment orders

WASHINGTON – The United States economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices and...
THE UNITED STATES' goods-trade deficit was $72.8 billion in August after $72.5 billion the month prior. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widened in August by less than forecast

WASHINGTON – America’s merchandise trade deficit widened in August by less than forecast as a gain in imports exceeded a slight increase in exports. The...
THE U.S. trade gap with China increased from $30.1 to $30.2 billion in June, seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widens to 5-month high in June

WASHINGTON – America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President...
THE UNITED STATES trade deficit increased 8.4% in May to $55.5 billion. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap widens by more than forecast to highest in...

WASHINGTON – The United States trade deficit widened by more than forecast to a five-month high as imports surged the most since 2015, illustrating...
U.S. CONSUMER SPENDING in the first quarter grew at a 0.9% annual pace, revised down 1.3%. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

U.S. first-quarter consumer spending revised down to 0.9% gain

WASHINGTON – United States consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment...
U.S. RETAIL SALES overall sales rose 0.5% in May. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

U.S. retail sales post broad rise, prior months revised up

WASHINGTON – United States retail sales posted a broad-based gain in May and the prior two months were revised higher, suggesting consumer spending is...
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