Source: Reuters (via feed)
The U.S. trade deficit widened in February as imports rebounded. Exports increased to a record high in the same month. The rise in imports offset the strong growth in exports. This dynamic may keep trade on track to subtract from economic growth in the first quarter.
BizTrendWire Insight:
The imports and exports data are key metrics in tracking the trade deficit changes. These figures are important for measuring trade activity levels.
The imports and exports data are key metrics in tracking the trade deficit changes. These figures are important for measuring trade activity levels.
