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November trade gap shrinks on record import plunge (Reuters)

Started by riky, January 13, 2009, 06:01:05 PM

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riky

November trade gap shrinks on record import plunge
    (Reuters)

 



Reuters - The U.S. trade deficit shrank 28.7 percent in November, the biggest contraction in 12 years, as weak consumer demand and plummeting oil prices caused a record drop in imports, a U.S. Commerce Department report showed on Tuesday.


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