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ID: 33234
Title: Trade gap narrows, but consumers wary (Reuters)
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A wafer with hundreds of microprocessors is loaded into a machine at a manufacturing plant in East Fishkill, New York on March 24, 2004. Rising energy costs pushed producer prices up by a greater-than-expected 1.0 percent in March, but producer prices excluding food and energy were flat, a Labor Department report showed on Friday. (Chip East/Reuters)Reuters - The U.S. trade deficit narrowed unexpectedly in February in a positive sign for the economy, but rising gasoline prices and troubles in the housing market knocked consumer sentiment to its lowest in eight months this month, according to reports on Friday.


Category: Business/US Economy/
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Date Added: April 13, 2007 09:12:58 PM
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