U.S. trade gap widens more than expected in January

March 7, 2013

The following is excerpted from the 7 March 2013 edition of The Globe and Mail.

The U.S. trade deficit in January widened more than expected as fuel oil exports slumped and crude oil imports rose, a U.S. government report showed on Thursday.

The monthly trade gap totaled $44.4-billion (U.S.), higher than a consensus estimate of $42.6-billion from analysts surveyed before the Commerce Department report.

This article is available in its entirety at:
http://www.theglobeandmail.com/report-on-business/economy/us-trade-gap-widens-more-than-expected-in-january/article9439879/

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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