Thursday, June 10, 2010

Trade Deficit Widens to December 2008 Levels

"Trade of goods and services across U.S. borders softened in April and the trade deficit rose to the highest level in more than a year, the Commerce Department estimated Thursday. Imports of goods and services dropped 0.4% to a seasonally adjusted $189.1 billion while exports declined 0.7% to $148.8 billion. The trade deficit (the difference between exports and imports) rose to $40.3 billion in April from a downwardly revised $40 billion in March. It was the largest deficit since December 2008."

at http://econompicdata.blogspot.com/2010/06/trade-deficit-widens-to-december-2008.html

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