U.S. Trade Gap Narrows for Second Straight Month in February
Bloomberg
Published Apr 02, 2020 08:43AM ET
Updated Apr 02, 2020 09:09AM ET
U.S. Trade Gap Narrows for Second Straight Month in February
(Bloomberg) -- The U.S. trade deficit narrowed for a second straight month in February as imports and exports declined ahead of the hit to global commerce from the expanding pandemic.
The overall U.S. deficit in goods and services declined to $39.9 billion from a revised $45.5 billion in January, according to Commerce Department data released Thursday. The median estimate of economists surveyed by Bloomberg had called for a $40 billion shortfall.
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