Trade Deficit Narrows by Most in 5 Years

    Helped by falling oil prices, America's trade deficit showed a sharp improvement in September, narrowing by the largest amount in more than five years.

    In other news, the number of Americans filing new claims for unemployment benefits fell by 20,000 to 308,000 last week.

    The rise in U.S. exports for September reflected big gains in sales of commercial aircraft, railway equipment and industrial engines.

    In addition to the drop in America's foreign oil bill, imports of telecommunications equipment, computers and autos also fell in September.


I'm sure the fact that the media is starting to report this good economic news from two months ago only now, after the Democrats retook Congress, is purely coincidental.