Tag: economy

US exports fall last 3 months

This past May, the U.S. trade deficit widened revealing that businesses were having trouble making sales to overseas customers. Commerce Department figures show that the gap grew 2.9 percent to $41.

US Economy lowers in Q1

GDP in the US decreased at an annual rate of 0.7 percent during the first quarter of 2015, according to the second estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.

Oil prices linked to factory slowdown

The Federal Reserve Bank of Dallas has reported that responses to its monthly survey reveal that manufacturing executives believe falling oil prices are causing slowdown in the state’s factories.