Thu, 08 Nov 2012 15:29:55 GMT
U.S. trade deficit shrinks unexpectedly on soaring exports
The U.S. trade deficit
shrank more than expected touching the lowest level in 2 years on growing
exports in September. The gap narrowed 5.1% to $41.5
billion beating all the estimates and decreasing the gap of $43.8 billion in
August. The rally in sales to overseas
trade partners increased their demand to a variety of production, such as soybeans, fuel
and civilian aircraft. Meanwhile, the
imports also