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Among the chief culprits was a widening trade gap.
In recent years, the widening trade deficit has dragged down America's output growth.
What is known is that a widening trade deficit translates into slower economic growth.
The widening trade deficit also reflects a long-term problem for the dollar.
The country's widening trade deficit and a graying population that is eating into its savings are further worries.
In recent months, steep rises in oil prices have often been a central reason for the widening trade deficit.
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Renaissance Capital's Kouzmin cautions against bank interventions which use up reserves and widen trade deficits.
Countries agreed during the 1993-94 trade negotiations in Uruguay that efforts to widen trade in at least these two areas would begin this year.
She said America's threat to veto a United Nations Security Council resolution that Syria seeks condemning the air raid, as well as a proposal in Congress to widen trade sanctions against Damascus, had also taken their toll.
In three recent tests of trading sentiment, they proved the most coherent supporters of liberalisation, with four-fifths of members voting to widen trade, compared to between half or two-thirds of Republicans and only half of all Democrats.But while this faction has emerged to support liberalisation, backing for free trade has almost collapsed in the rest of the Democratic Party.
Ghana, just as other African countries and indeed emerging economies, is currently reeling under global drop in commodity prices with the attendant foreign exchange volatility and widened trade, and budget deficit with far reaching consequences on businesses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com