国际英语新闻:US Trade & Budget Deficits Get Worse
Thursday's report from the Treasury department says the U.S. government's budget deficit soared by more than $222 billion in February, the biggest one-month increase in history.
The deficit for the year is expected to hit a record of $1.5 trillion. The deficit follows the worst recession in decades which cut government tax revenue and prompted officials to spend huge sums to stimulate the economy.
A separate report from the Commerce Department shows the trade deficit grew wider in January, as surging oil prices drove up the cost of imports.
The gap between what Americans export and what they buy from foreign sources jumped more than 15 percent to hit $46 billion.
The trade deficit widened in spite of U.S. exports hitting a record high as the weak dollar made U.S.-made products less expensive for foreigners, and growth speeded up in key markets in Asia and Latin America.
A different government report showed the number of people signing up for unemployment compensation in the United States rose by 26,000 last week to hit a total of 397,000. The modest increase comes after the number of layoffs was near a three-year low in recent weeks.
相关文章
- 欧美文化:Russian FM visits Algeria to mark 60th anniversary of ties
- 欧美文化:Turkey, Kazakhstan aim to reach 10 bln USD in bilateral trade: president
- 欧美文化:Moroccan, Egyptian FMs discuss prospects of bolstering cooperation
- 欧美文化:Ukrainian president, Swedish PM discuss defense support for Ukraine over phone
- 欧美文化:Two suspects arrested for killing 3 Israelis in stabbing attack
- 欧美文化:Russia says 50 more civilians evacuated from Azovstal
- 欧美文化:Putin, Bennett discuss Ukraine over phone
- 欧美文化:U.S. FDA limits use of Johnson & Johnson COVID-19 vaccine over blood clot risk
- 欧美文化:Hungary "can't support" EU's new sanctions against Russia in current form:
- 欧美文化:Oil prices jump as EU aims for Russian oil ban