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Home» Articles posted by Eric Martin

US Trade Gap Widened to Second-Biggest on Record in November

Posted on January 7, 2021 by Eric Martin in Transport Topics

The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than one-year high in the midst of the holiday shopping season, causing the shortfall in goods to climb to the highest yet.

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US Goods-Trade Gap Unexpectedly Narrows on Drop in Imports

Posted on October 28, 2020 by Eric Martin in Transport Topics

The U.S. merchandise-trade deficit unexpectedly narrowed in September from the prior month’s record as imports declined for the first time in four months.

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CBO Trims GDP Forecast for 2020, Lifts 2021 Projection

Posted on July 2, 2020 by Eric Martin in Transport Topics

The U.S. economy will see a slightly deeper contraction this year but a bigger rebound in 2021 than previously forecast, according to updated estimates from the Congressional Budget Office.

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IMF: World Needs Two-Decade, $20 Trillion Investment

Posted on May 6, 2020 by Eric Martin in Transport Topics

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend on initiatives including improved healthcare systems, infrastructure and green technology.

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