Section

US trade deficit widens 1.9% to $68.9 bn in February on strong imports

By Economic Times - 8 months ago
The U.S. trade deficit increased for a second consecutive month in February, reaching $68.9 billion. This increase was attributed to a record high in exports but also to surging imports, suggesting trade could be a drag on economic growth in the first quarter. The goods trade deficit increased 1.2% to $87.0 billion when adjusted for inflation.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.