Friday, 23 February 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Trade Gap in U.S. Narrows to 11-Month Low as Exports Increase
Thursday, 5 October 2017 19:47 WIB | UNITED STATES |Ekonomi AS

Improving global demand and a weaker dollar are helping boost U.S. exports, with the trade deficit narrowing to an 11-month low in August, Commerce Department data showed Thursday. 

Highlights of Trade (August) :

Deficit decreased 2.7% to $42.4b (est. $42.7b) from a revised $43.6b in the prior month. 

Exports rose 0.4% to $195.3b, highest since December 2014, led by pharmaceuticals, cars, telecommunications equipment.

Imports fell 0.1% to $237.7b on industrial supplies, capital goods.

The report indicates that an improving picture for the global economy is supporting demand for American goods and services. Exports of capital goods and non-petroleum exports were both the highest since April 2015, while the goods deficit was the smallest since October 2016.

At the same time, the merchandise-trade deficit with China, not adjusted for seasonal fluctuations, was the widest since September 2015 at $34.9 billion.

Trade and inventories are the two volatile components that feed into the government™s calculation of gross domestic product. In the last 12 quarters, for example, trade has contributed to growth five times and subtracted in seven periods.

 

Source: Bloomberg

RELATED NEWS
CPI rises 0.1% in December mostly on higher housing costs...
Friday, 12 January 2018 20:57 WIB

Indeks harga konsumen AS menguat 0,1% di bulan Desember, dengan empat per lima dari kenaikan dikaitikan dengan biaya perumahan yang lebih tinggi. Peningkatan tersebut sesuai dengan perkiraan MarketWat...

U.S. retail sales rise 0.4% in December...
Friday, 12 January 2018 20:46 WIB

Penjualan dari peritel AS menguat 0,4% pada bulan Desember untuk membukukan kenaikan keempat secara berturut-turut. Kenaikan tersebut berada sedikit di bawah perkiraan MarketWatch sebesar 0,5%, namun...

Jobless claims hit nearly 4-month high...
Thursday, 11 January 2018 21:12 WIB

Klaim pengangguran awal AS naik 11.000 ke level tertinggi dalam hampir empat bulan di 261.000 dalam tujuh hari yang berakhir pada 6 Januari. Itu adalah level tertinggi sejak pertengahan September dan ...

U.S. Wholesale Prices Unexpectedly Show First Drop Since 2016...
Thursday, 11 January 2018 20:56 WIB

Harga grosir AS turun pada bulan Desember untuk pertama kalinya dalam lebih dari satu tahun menyusul penurunan biaya untuk layanan yang mana menjadi tanda potensial bahwa tekanan inflasi dalam ekonomi...

Jobless claims fall 11,000 to ultra-low 225,000...
Thursday, 14 December 2017 21:14 WIB

Klaim pengangguran awal AS, alat untuk mengukur PHK, turun 11.000 menjadi 225.000 dalam tujuh hari yang berakhir pada tanggal 9 Desember. Itu berada sejengkal di atas tingkat rendah pasca resesi. Eko...

POPULAR NEWS
Gold's Tops Hold, Next stop $1300

The equity markets are closed today; however,...

Gold Marks Worst Daily Drop In About a 1 1/2 Years As Dollar Gains Steam

Gold prices finished sharply lower on Tuesday,...

US Open to Discussing Talks With North Korea

The U.S. is indicating a new willingness to talk...

LATEST NEWS
Sterling bounces off one-week lows as dollar skids

Sterling rose from a one-week low on Thursday as the dollar slumped towards a session low, although renewed concerns over the state of play in Brexit negotiations checked the British currency's gains. Despite sterling's weakness this week, it is...

European Markets Recover Losses By Close

European stocks closed just below the flat line Thursday afternoon, as heightened expectations of faster interest rate hikes in the U.S. hampered risk appetite globally. The pan-European Stoxx 600 close 0.2% lower at 380.34, with major bourses and...

Dow jumps more than 300 points as 10-year yield eases from 4-year high

U.S. stocks traded higher on Thursday, trying to snap a two-day losing streak, as 10-year yield slipped from multiyear highs seen in the previous session. The Dow Jones industrial average rose 345 points or 1.39 percent to 25,143, with United...