January 7, 2014 |
WASHINGTON - U.S. exports rose to a record high in November, helping to shrink the nation's trade deficit to the lowest in four years. The surprisingly positive trade report Tuesday adds to the upbeat outlook for the economy. With net exports stronger than expected, analysts revised higher their economic growth forecast for the fourth quarter, saying it will likely come in at a solid annual rate of about 3%. The Commerce Department said the U.S. trade deficit in goods and services with the rest of the world totaled $34.3 billion in November.
CALIFORNIA | LOCAL
July 4, 1997
Once again, Rupert Murdoch is right, with his reasons why most-favored-nation status should be continued with China (Commentary, June 24). For the first time in almost half a century, China is now seriously open for business to the Western world. Americans stand to make great fortunes selling Western-style goods and services to over a billion people. They will gobble up American materialism. With global communication the way it is, there is no power in China that can hold down the bamboo curtain that has cut off views to the lifestyles America has to offer.
CALIFORNIA | LOCAL
April 5, 2001
I think Bush's plan to return some money to the taxpayers because we have been overtaxed is a splendid idea. If you're charged too much for goods and services, it's only fair that some of the money should be returned. Because of his concern for the public and fairness, I'm sure he will next insist on rebates from the oil industry. Maybe the two rebates can get the economy going again. BROOKS W. WILSON Fallbrook
June 6, 1989 |
President Ibrahim Babangida on Monday said he will not abandon his tough economic policies despite widespread rioting caused by price increases. Speaking at the opening of the Armed Forces Consultive Assembly in Nigeria's new capital, Babingida said there is no viable alternative to the new economic program. Austerity measures instituted recently by the military government were demanded by Western creditors and have led to sharp price boosts for some basic goods and services.
May 2, 1994 |
GNP Soars on Economic Boom: Booming business and high-powered economic growth have almost doubled Thailand's per-capita gross national product in six years, according to a central bank report. GNP per person in Thailand at the end of 1993 was $2,100 (it was $1,100 in 1988), the Bank of Thailand said. GNP, the broadest measure of an economy, is the total value of goods and services.
August 4, 2012
Re "Is Mars really worth the trip?," July 30 Your headline implies that the $2.5 billion spent on the Curiosity mission to Mars is just thrown away. In fact, NASA pays people (engineers, suppliers and many more), who then spend it on the goods and services that keep our economy strong. Joan Kraus Rancho Palos Verdes ALSO: Letters: Californians, we're hoarders Letters: Let the NRA give something back Letters: Targeting Obama conspiracy theories