US trade deficit drops ( X ) duplicate content

Basic Aluminum Casting Co.

For over half a century The Basic Aluminum Casting Company has been a privately held, financially solid die casting company with a professional integrity matched by few in today’s industry.diecasting

At The Basic Aluminum Casting Company, we bring quality die casting with delivery and pricing achieved through a sound business organization. Centrally located in Cleveland, Ohio, we’re easily accessible across the Midwest and the entire United States. Occupying over 55,000 square feet at our plant, Basic has serves the transportation and general manufacturing industries and beyond! The Basic Aluminum Casting Company can be best described as an engineering company with one simple trait – creating die cast products  from listening and understanding our customer’s needs.  A strong commitment to that and a focus on quality has enabled us to continue to be one of the best and oldest names in the industry.


The US trade deficit unexpectedly fell to $32.9 billion in october.  This has been caused by the falling dollar and increast cost competitiveness of US manufacturers.  Given the global nature of the die casting industry, this will have a significant impact on sourcing decisions going forward.

http://www.google.com/hostednews/afp/article/ALeqM5jdgQBR4z4advWqmgtft-ennkzjSQ

WASHINGTON — The US trade deficit with the rest of the world dropped unexpectedly in October, by 7.6 percent, as a surge in exports offset a small increase in imports, official data showed Thursday.

The goods and services trade gap totaled a seasonally adjusted 32.9 billion dollars, down from a revised 35.7 billion dollars in September, the Commerce Department said.

Most analysts had forecast the deficit would rise to 36.8 billion dollars.

The politically sensitive trade deficit with China continued to widen, to 22.7 billion dollars, its highest level in a year.

The gap with China accounts for more than two-thirds of the US trade deficit.

On an annual basis, the overall deficit narrowed 8.1 percent in October.

Exports increased 2.6 percent to 136.84 billion dollars.