The US trade gap in February probably helded at 6 years low as the worst global slump since World War II caused exports and imports to collapse, economists said a head of a goverment report this week.
A deficit of $ 36 billion, the same as in January is the median estimate of ecnomist surveyed by Bloomberg News before Commerce Departement's report on Thursday. Others figures the same day may show the cost of imported goods increased in March for the fisrt time in eight months as fuel prices rebounded.
Flagging sales oversees will keep depressing US economic growth as manufacturers cut payrolls out put and inventories ( Bloomberg)
Flagging sales oversees will keep depressing US economic growth as manufacturers cut payrolls out put and inventories ( Bloomberg)
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