Commerce News: US Trade Deficit Declines
Hopes that the country’s trade troubles may be easing was spurred by the news that during the third quarter, the deficit was at the lowest level in two years. On Monday the Commerce Department announced that the current account trade deficit fell by 5 1/2 percent to $178.5 billion. This was the smallest current account imbalance since 2005’s third quarter amojnt of $173.4 billion.
Click here to read more about the lessening trade deficit.



