13:30 - dados USA
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13:30 - dados USA
8:31am 01/14/04 U.S. DEC. INTERMEDIATE GOODS PPI 0.5%, CORE 0.1%
8:31am 01/14/04 U.S. DEC. CRUDE GOODS PPI UP 2%
8:30am 01/14/04 U.S. NOV. TRADE GAP NARROWS 8.6% TO $38.0 BLN
8:30am 01/14/04 U.S. NOV. EXPORTS SURGE, IMPORTS DECLINE SLIGHTLY
8:31am 01/14/04 U.S. NOV. TRADE GAP WELL BELOW CONSENSUS OF $41.7 BLN
8:31am 01/14/04 U.S. 2003 PPI UP 4%, MOST IN 13 YEARS; CORE UP 1%
8:31am 01/14/04 U.S. DEC. PRODUCER PRICE INDEX 0.3%, CORE PPI -0.1%
Surge in exports lowers U.S. trade gap; Trade deficit narrows 8.6% in Nov.
WASHINGTON (CBS.MW) - The U.S. trade deficit contracted 8.6 percent to $38.0 billion in November, as exports increased sharply, the Commerce Department estimated Wednesday.
Exports rose an estimated 2.9 percent to $90.6 billion, the highest level in three years. Imports, meanwhile, shrank 0.8 percent to $128.6 billion after setting a record last month.
The October deficit was revised lower to $41.6 billion from the $41.8 billion estimated a month ago.
The narrowing of the trade deficit - to its lowest level since October 2002 -- caught economists by surprise. The consensus forecast was for the trade deficit to remain in a narrow range around $41.7 billion.
The increase in total U.S. exports was largely due to a 59 percent gain in aircraft sales. U.S. producers also exported a record $5.1 billion in foods, feeds and beverages and a record $8.1 billion in consumer goods.
In part, the increase in exports may reflect the weaker dollar.
Despite record imports of agricultural goods, total imports sank on
significant declines in crude oil imports.
Crude oil imports fell 8.2 percent to $7.8 billion. The U.S. imported 290.2 million barrels of crude oil in November, the lowest level since February. This is down sharply from 327.4 million barrels in October, the second largest monthly import on record.
Consumer good imports dropped 0.8 percent to $28.8 billion.
Despite the narrowing in November, the trade deficit has already set a new record this year. For the first eleven months of the year, the trade deficit totaled $446.8 billion, surpassing last year's record deficit of $418 billion.
The U.S. trade deficit with China widened to $10.8 billion in November from $10.4 billion in the same month last year. U.S. exports to China were a record $3.3 billion in November
U.S. Dec. PPI up 0.3%; 2003 PPI up 4%
WASHINGTON (CBS.MW) - U.S. prices of raw materials and other producers' inputs soared in 2003, as finished goods prices increased at the fastest rate in 13 years, according to figures released by the Labor Department on Wednesday.
The producer price index for finished goods rose 4 percent in 2003, with a 0.3 percent gain in December.
Excluding food and energy prices, the core PPI rose 1 percent in 2003 with a 0.1 percent drop in December.
Further back in the production cycle, crude goods prices rose 18.5 percent in 2003, following a 2 percent gain in December.
Intermediate goods prices increased 3.9 percent in 2003 after a 0.5 percent increase in December.
Core intermediate goods prices increased a modest 2.1 percent in 2003 after a 0.1 percent gain in December.
8:31am 01/14/04 U.S. DEC. CRUDE GOODS PPI UP 2%
8:30am 01/14/04 U.S. NOV. TRADE GAP NARROWS 8.6% TO $38.0 BLN
8:30am 01/14/04 U.S. NOV. EXPORTS SURGE, IMPORTS DECLINE SLIGHTLY
8:31am 01/14/04 U.S. NOV. TRADE GAP WELL BELOW CONSENSUS OF $41.7 BLN
8:31am 01/14/04 U.S. 2003 PPI UP 4%, MOST IN 13 YEARS; CORE UP 1%
8:31am 01/14/04 U.S. DEC. PRODUCER PRICE INDEX 0.3%, CORE PPI -0.1%
Surge in exports lowers U.S. trade gap; Trade deficit narrows 8.6% in Nov.
WASHINGTON (CBS.MW) - The U.S. trade deficit contracted 8.6 percent to $38.0 billion in November, as exports increased sharply, the Commerce Department estimated Wednesday.
Exports rose an estimated 2.9 percent to $90.6 billion, the highest level in three years. Imports, meanwhile, shrank 0.8 percent to $128.6 billion after setting a record last month.
The October deficit was revised lower to $41.6 billion from the $41.8 billion estimated a month ago.
The narrowing of the trade deficit - to its lowest level since October 2002 -- caught economists by surprise. The consensus forecast was for the trade deficit to remain in a narrow range around $41.7 billion.
The increase in total U.S. exports was largely due to a 59 percent gain in aircraft sales. U.S. producers also exported a record $5.1 billion in foods, feeds and beverages and a record $8.1 billion in consumer goods.
In part, the increase in exports may reflect the weaker dollar.
Despite record imports of agricultural goods, total imports sank on
significant declines in crude oil imports.
Crude oil imports fell 8.2 percent to $7.8 billion. The U.S. imported 290.2 million barrels of crude oil in November, the lowest level since February. This is down sharply from 327.4 million barrels in October, the second largest monthly import on record.
Consumer good imports dropped 0.8 percent to $28.8 billion.
Despite the narrowing in November, the trade deficit has already set a new record this year. For the first eleven months of the year, the trade deficit totaled $446.8 billion, surpassing last year's record deficit of $418 billion.
The U.S. trade deficit with China widened to $10.8 billion in November from $10.4 billion in the same month last year. U.S. exports to China were a record $3.3 billion in November
U.S. Dec. PPI up 0.3%; 2003 PPI up 4%
WASHINGTON (CBS.MW) - U.S. prices of raw materials and other producers' inputs soared in 2003, as finished goods prices increased at the fastest rate in 13 years, according to figures released by the Labor Department on Wednesday.
The producer price index for finished goods rose 4 percent in 2003, with a 0.3 percent gain in December.
Excluding food and energy prices, the core PPI rose 1 percent in 2003 with a 0.1 percent drop in December.
Further back in the production cycle, crude goods prices rose 18.5 percent in 2003, following a 2 percent gain in December.
Intermediate goods prices increased 3.9 percent in 2003 after a 0.5 percent increase in December.
Core intermediate goods prices increased a modest 2.1 percent in 2003 after a 0.1 percent gain in December.
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