time to suspend the election because the markets are obviously threatend by the thoughts of a democrat taking office? ;-) Any idiot can face a crisis - it's day to day living that wears you out.
U.S. Aug. trade gap narrows as global economy stalls - MarketWatch
WASHINGTON (MarketWatch) -- The U.S. trade deficit narrowed in August, as consumers curbed their spending on imported goods, a government report showed Friday. The nation's trade deficit narrowed by 3.5% to $59.1 billion, the Commerce Department said. Overall imports were down 2.4% for the month. Imports of autos fell to their lowest level since March 2005. Read the full release. If imports continue to fall, this will be a technical boost to U.S. gross domestic product. But observers say there's no doubt that the economy has now entered recession as the credit crunch has hit already-weakened consumer and business sectors. At the same time, exports dropped by 2.0% in August, marking the biggest decline since June 2004. The decrease came even as exports from Boeing Co. rose.
