Economy has Some Good News; Encouraging Numbers Come Out On Wholesale Prices, Trade Deficit

Summary


WASHINGTON (AP) - The economy got a double dose of encouraging news Friday as wholesale prices went down and moderating energy costs helped improve the country's trade deficit.

The latest batch of economic reports suggested inflation, for the most part, is under control, and the economy has emerged from a late spring lull and, in the words of Federal Reserve Chairman Alan Greenspan, "regained some traction."

See the full content of this document

Extract


Economy has Some Good News; Encouraging Numbers Come Out On Wholesale Prices, Trade Deficit

"We appear to be coming out of the soft patch," said Oscar Gonzalez, economist at MFC Global Investment ...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company