U.S. trade gap widens sharply in March *(UUP)* *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

U.S. trade gap widens sharply in March (by Greg Robb)

WASHINGTON (MarketWatch) -- The U.S. trade deficit widened by 14.1% in March to $51.8 billion, the Commerce Department said Thursday. The trade deficit was above the consensus forecast of Wall Street economists of a deficit of $50 billion. Economists had expected the deficit to snap back, believing that imports were held down in February due to the timing of the Chinese New Year. In March, imports rose 5.2% while exports increased 2.9%. The U.S. trade deficit with China widened to $21.7 billion in March compared with $18.1 billion in the same month last year and $19.4 billion in February. The wider deficit in March was broadly in line with government forecasts in the initial estimate of first quarter GDP.

Forum Policy

Return to Index