WASHINGTON – The U.S. trade deficit widened sharply in January amid a jump in goods imports, a trend that if it persists could see trade subtracting from economic growth this quarter. The trade deficit increased 5.1 percent to $67.4 billion, the Commerce Department’s Bureau of Economic Analysis said on Thursday. Data for November was revised to show the trade gap rising to $64.2 billion instead of $62.2 billion
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.