us trade deficit drops service sector grows at slower pace
Last Updated : GMT 03:07:18
Arab Today, arab today
Arab Today, arab today

US trade deficit drops, service sector grows at slower pace

Arab Today, arab today

Arab Today, arab today US trade deficit drops, service sector grows at slower pace

Washington - KUNA

The U.S. trade deficit dropped in October driven by exports which hit a record high, official data showed here Wednesday. The Department of Commerce indicated that total October exports of USD 192. 7 billion and imports of USD 233.3 billion resulted in a goods and services deficit of USD 40.6 billion, down from USD 43.0 billion in September. October exports were USD 3.4 billion more than September exports of USD 89. 3 billion, while October imports were USD 1.0 billion more than September imports of USD 232.3 billion. In October, the goods deficit decreased USD 2.2 billion from September to USD 60.2 billion and the services surplus increased USD 0.1 billion from September to USD 19.6 billion. Exports of goods increased USD 3.0 billion to USD 135.3 billion and imports of goods increased USD 0.8 billion to USD 195.5 billion. Also, exports of services increased USD 0.4 billion to USD 57.4 billion and imports of services increased USD 0.3 billion to USD 37.8 billion. The goods and services deficit decreased USD 2.0 billion from October 2012 to October 2013, whereas exports were up USD 10.0 billion, or 5.5 percent, and imports were up USD 8.0 billion, or 3.6 percent. Meanwhile, the Institute for Supply Management (ISM) indicated in a report that the Non-Manufacturing Index (NMI) fell to 53.9 percent in November, 1.5 percentage points lower than October's reading of 55.4 percent, indicating a continued growth at a slower rate in the non-manufacturing sector . The Non-Manufacturing Business Activity Index decreased to 55.5 percent, which is 4.2 percentage points lower than the 59.7 percent reported in October while the New Orders Index decreased slightly by 0.4 percentage point to 56.4 percent. The Employment Index decreased 3.7 percentage points to 52.5 percent, indicating growth in employment for the 16th consecutive month, but at a slower rate. The Prices Index decreased 3.9 percentage points to 52.2 percent, indicating prices increased at a slower rate in November when compared to October. According to the NMI, 11 non-manufacturing industries reported growth in November

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us trade deficit drops service sector grows at slower pace us trade deficit drops service sector grows at slower pace

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us trade deficit drops service sector grows at slower pace us trade deficit drops service sector grows at slower pace

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday