“The shortage of trade in goods in the United States has increased to a record level in December, probably because businesses were purchased by industrial goods and consumer goods in anticipation of wide customs duties of the new Presidential Administration Donald Trump.”, – WRITE: epravda.com.ua
The shortage of trade in goods in the United States has increased to a record level in December, probably because businesses were purchased by industrial goods and consumer goods in anticipation of wide customs duties of the new Presidential Administration Donald Trump. Reuters writes about it. The gap in the trade in goods last month increased by 18.0% to $ 122.1 billion, which is the largest indicator of the start of tracking by the government of this series in 1992. Imports of goods increased by $ 10.8 billion, or 3.9%, to $ 289.6 billion. Exports fell by $ 7.8 billion, or 4.5%, up to $ 167.5 billion. Advertise The Ministry of Commerce reported, increases the risk of a sharp slowdown in the growth of gross domestic product in the fourth quarter than economists expected. It is noted that the report also showed that inventories in the warehouses of wholesale and retailers were reduced last month. Increasing the trade deficit as a result of the inflow of imports is usually offset by the increase in reserves in the calculation of GDP. The government plans to publish a preliminary grade of GDP over the fourth quarter on Thursday.