February 11, 2009
December Trade Gap Narrows On Falling Prices, Demand
By Matthew L. Brown
The country's trade deficit fell to $39.9 billion in December, a six-year low, on decreased demand for American-made products overseas and decreased demand for foreign products here, according to the U.S. Department of Commerce.
The deficit was $41.6 billion in November.
December exports totaled $133.8 billion. The month's imports were $173.7 billion.
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