Categories: U.S. Investing

U.S. Exports Reach Highest Recorded Level, Trade Deficit Shrinks

U.S. Exports Reach Highest Recorded Level, Trade Deficit Shrinks (Fox Business)

U.S. exports reached $192.7 billion in October, which is the highest level ever recorded, and the trade gap fell to $40.6 billion. Exports rose 1.8% from $192.7 billion from September to October, while imports rose only 0.4% to $233.3 billion. Combined with good factory production news from both Europe and China, this would appear to point to a stabilizing global economy which can help propel the shaky U.S. factory further.

Adrienne Minor

Adrienne Minor is an editorial assistant for Eagle Financial Publications. She writes, edits and posts articles for the website, as well as edits and assists in the online distribution of Eagle’s investment newsletters, trading alerts, e-letters and other reports. Adrienne's special investing interests are in mobile technology and consumer spending.

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