iBankCoin
Joined Nov 11, 2007
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Falling Trade Gap Hides Slow Growth

“The trade gap fell to a nearly two-year low in December. Good news? Well, in part — the U.S. is making strides in exporting more oil and gas, and importing less, helped by the fracking boom. In December alone, oil and gas exports surged 8.5% while petroleum imports tumbled 10.5%. But there’s also a disturbing picture of slowing growth in demand…”

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