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A collection of news and information related to Trade Balance published by this site and its partners.

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    May 5, 2013 |Column| Baltimore Sun

  1. A new day for U.S. manufacturing

    Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...

    Tags: Energy, Computing and Information Technology Industry, Upstream Oil and Gas Activities, Allegheny Technologies Inc., Occidental Petroleum Corp.

    2. Apr 5, 2013 |Story| Los Angeles Times

  2. U.S. trade deficit narrowed in February on lower crude oil imports

    WASHINGTON -- The U.S. trade deficit narrowed in February, driven by a drop in crude oil imports and an increase in American goods and services exported abroad, the Commerce Department said Friday.
    This post has been corrected, as indicated below.
    WASHINGTON -- The U.S. trade deficit narrowed in February, driven by a drop in crude oil imports and an increase in American goods and services exported abroad, the Commerce Department said Friday. With exports rising more than imports, the seasonally...

    Tags: Upstream Oil and Gas Activities, Petroleum Industry, Public Finance, Imports, Politics

    3. Apr 1, 2013 |Column| Orlando Sentinel

  3. America's trade muddle

    WASHINGTON -- Americans have a love-hate relationship with foreign trade. In the marketplace, we're enthusiasts. During 2012, we scarfed up $2.3 trillion of imports: cars, computers, clothes, smartphones, shoes, toys, oil and much more. We are also eager exporters, though not as successful, peddling $1.6 trillion last year of jets, tractors, pharmaceuticals and corn, among other things. But in the political arena, we're skeptics. By one typical poll, 63 percent of respondents declared trade "bad" because it "results in the loss of jobs and lower wages." Only 30 percent cheered that it reduces prices and expands choices for consumers.
    WASHINGTON -- Americans have a love-hate relationship with foreign trade. In the marketplace, we're enthusiasts. During 2012, we scarfed up $2.3 trillion of imports: cars, computers, clothes, smartphones, shoes, toys, oil and much more. We are also...

    Tags: Career and Workplace, Currency Values, Productivity, Employment, Imports

    4. Feb 21, 2013 |Story| Daily American

  4. State of the union

    In the State of the Union address, President Obama implied that his pending Trans-Pacific Partnership (TPP) Free Trade Agreement will create jobs.  I don't buy it. The legacy of past pacts on which the TPP is modeled has been job destruction, not job...

    Tags: State of the Union Address, Career and Workplace, Public Finance, Imports, North American Free Trade Agreement

    5. Feb 8, 2013 |Story| Los Angeles Times

  5. U.S. trade picture brightened at end of 2012

    In an encouraging sign for the American economy, the U.S. trade deficit fell sharply in December as exports grew at a solid pace while imports of oil and many other goods shrank from the prior month, the Commerce Department reported Friday.
    In an encouraging sign for the American economy, the U.S. trade deficit fell sharply in December as exports grew at a solid pace while imports of oil and many other goods shrank from the prior month, the Commerce Department reported Friday. The big drop...

    Tags: China, Petroleum Industry, Public Finance, Labor Markets, Imports

    6. Jan 11, 2013 |Story| Los Angeles Times

  6. U.S. trade deficit jumps to seven-month high

    WASHINGTON -- A spike in American imports of consumer goods, autos and other products led to a sharp increase in the U.S. trade deficit in November from the prior month, the government said Friday. One immediate implication of the unexpectedly big...

    Tags: China, Computer Hardware, Hurricane Sandy (2012), Public Finance, Consumers

    7. Nov 7, 2012 | Los Angeles Times

  7. China, U.S., Europe battling over a shrinking global-trade pie

    World Now
    Global Focus: In polite, diplomatic language, China this week accused Eurozone leaders of piling up debts that threaten global economic stability and the Europeans countered with complaints that Beijing manipulates its currency to unfairly skew trade in...
    8. Nov 20, 2012 |Story| Baltimore Sun

  8. Steering away from the fiscal cliff — and into a ditch

    Efforts to avert the "fiscal cliff" offer great drama, but they won't solve Washington's budget woes and could precipitate another recession — or worse. The Budget Act of 2011 requires the president and Congress to agree on a nine-year, $1.2...

    Tags: Finance, Fiscal Cliff, Career and Workplace, Government Health Care, Parties and Movements

    9. Sep 10, 2012 |Story| Baltimore Sun

  9. There's a reason the economy isn't generating jobs

    The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the...

    Tags: Career and Workplace, Finance, Federal Reserve, Employment, Public Finance

    10. Oct 23, 2012 |Story| Petoskey News

  10. FACT CHECK: Flunking geography, history

    WASHINGTON (AP) — Voters didn't always get the straight goods when President Barack Obama and Republican Mitt Romney made their case for foreign policy and national security leadership Monday night before their last super-sized audience of the campaign. A few of their detours into domestic issues were problematic too.
    WASHINGTON (AP) — Voters didn't always get the straight goods when President Barack Obama and Republican Mitt Romney made their case for foreign policy and national security leadership Monday night before their last super-sized audience of the...

    Tags: Bain Capital, LLC, George W. Bush, Bankruptcy, Saudi Arabia, Government

    11. May 14, 2012 |Story| Baltimore Sun

  11. The euro has failed

    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies. Euro advocates argue a single currency is essential for creating a...

    Tags: Market and Exchange, Career and Workplace, Finance, Bonds, Federal Reserve

    12. Jan 6, 2012 |Story| Baltimore Sun

  12. Morici: 8.5 percent unemployment may be as good as it gets

    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again.
    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again. Fourth quarter growth was exceptionally strong as the global economy recovered...

    Tags: Starbucks Corp., Business, Employment, Public Finance, Imports

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Trade Balance Photos
In 2011, U.S. firms held a $1.63 billion trade surplus...
(February 12, 2013)
In 2011, U.S. firms held a $1.63 billion trade surplus with China in clean energy goods.
For all of last year, the U.S. trade deficit fell 3.5%...
(December 5, 2012)
U.S. trade deficit narrows