|
The trade deficit has been widening again after the U.S. recession ended in June 2009. The slight narrowing of the deficit in the fourth quarter left it at an equivalent of 2.8 percent of the total economy, as measured by the gross domestic product. The overall economy grew at a scant annual rate of 0.1 percent in the October-December quarter. But recent signs of strength have many economists boosting their forecasts for growth in the current January-March quarter to around 2 percent or better.
[Associated
Press;
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor