Business and Economics Reporting

Japan Crisis Has Minor Impact on U.S. Economy

International trade is my beat for Business and Economics Reporting class. This is an enterprise piece on the effect of the crisis in Japan on the U.S. economy. The crisis in Japan has had a major impact on its economy but a minor one elsewhere, underscoring the country’s slipping prominence in the global economy. The […]

Why You’re Paying More at the Gas Station

Gas prices in New York have risen to $3.74 in April from $3.08 per gallon last December, which means that if your car has a 15-gallon tank, you are paying about $12 more at the station—money we all can afford to save. Many factors near and far affect gas prices, including conflict in the Middle […]

Higher Exports in February May Narrow the Trade Deficit

I am tracking the U.S. International Trade of Goods and Services indicator for my Business and Economics Reporting class. Here is a forecast post for February. The trade deficit likely narrowed in February due to growth in exports. A consensus survey of 71 estimates show a median trade gap of $44 billion, a 5 percent […]


U.S. Farmers Rapidly Losing Market Share in Panama

International trade is my beat for Business and Economics Reporting class. This is an enterprise piece on the U.S.-Panama FTA. For American farmers, the pending trade agreement with Panama is no longer about potential gains but about preventing the loss of existing export markets. Since 2007, when the agreement was signed, U.S. share of Panama’s […]

Trade Deficit Widens due to Unexpected Surge in Imports

I am tracking the U.S. International Trade of Goods and Services indicator for my Business and Economics Reporting class. Here is the report for January’s numbers. The U.S. trade deficit widened by an unexpected 15.1 percent to $46.3 billion in January due to a 5.2 percent jump in imports. Economists surveyed expected a gap of […]

U.S. Trade Deficit Widened in December

I am tracking the U.S. International Trade of Goods and Services indicator for my Business and Economics Reporting class. Here is the report for December’s numbers. The U.S. trade deficit widened by 6 percent in December, adding up to a record-high annual trade gap with China. The trade gap with China lessened by 19.1 percent […]