Trade deficit

The goods trade shortfall increased 11.5% to US$132.6 billion last month

The gap between exports and imports stood at US$26.9 billion in August, compared with US$31.98 billion in July

The gap in goods and services trade grew 24.4% from the prior month to US$88.6 billion

With chronically weak domestic demand, Beijing has doubled down on exports

Layoffs remain low even if hiring is soft

[WASHINGTON] The US merchandise-trade deficit widened in July to the largest since early last year on a multi-decade surge in inbound shipments of capital equipment.

The gap increased to NZ$1.95 billion (US$1.2 billion) from a revised NZ$237 million in June

The war drove up the country’s oil import bill and global freight rates

The value of outbound shipments of industrial supplies is down 4%