Saturday, December 16, 2017
 
 
News: Page (1) of 1 - 05/10/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
US trade gap widens at fastest pace in 10 months
US trade deficit widened to $51.8 billion in March as imports and exports both hit records
By The Associated Press

WASHINGTON (AP) ' The U.S. trade deficit rose in March at the fastest rate in 10 months. A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.

The Commerce Department says the trade deficit widened to $51.8 billion in March, up from $45.4 billion in February. Imports rose 5.2 percent to a record $238.6 billion, reflecting more foreign oil, autos, cell phones and clothes.

Exports increased 2.9 percent to $186.8 billion. Sales to Europe reached an all-time high despite the region's debt crisis.



Economists caution that export growth, a bright spot for the U.S. economy, could slow in coming months if more European countries fall into recession.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines