U.S. Trade gap narrows to $44.8 billion in July


http://money.cnn.com/2011/09/08/news/economy/trade_balance_exports/index.htm?iid=HP_LN

That is from S51.6 billion trade deficit in June. Exports increased by $6.2 billion to a total of $178 billion. That is a 3.6% increase from June. During the same time, imports decreased $0.5 billion to a total of $222.8 billion.

The jump in exports reflected an increase in industrial supplies and materials, capital goods, and automotive vehicles, parts and engines, the government said.

Capital goods are defined as: Aerospace, defense, construction machinery, and production equipment.

The new unemployment claims for the week rose to 414,000.

http://money.cnn.com/2011/09/08/news/economy/unemployment_benefits/index.htm?iid=HP_LN

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