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San Diego, CA USA
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The trade deficit in the U.S. widened in January to the largest since October 2008 as imports rose to a record high.
The gap increased 4.3 percent to $52.6 billion, more than forecast, from a revised $50.4 billion in December, the Commerce Department in Washington said today. The median estimate of economists surveyed by Bloomberg News called for a deficit of $49 billion in January. Exports of capital goods, as well as cars and automobile parts, climbed to a record.
Trade Deficit in U.S. Widens as Imports Hit High - Bloomberg
| "Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter |
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