Keeping Track: US trade deficit

January imports outpaced exports by $28.5 billion

Last week, the Commerce Department released its monthly trade-deficit figure – the total value of exported goods and services minus the value of imports – for January.

Exports and imports stood at $78 billion and $106.5 billion respectively, signaling a gap of $28.5 billion – and the end of a three-month decline in the deficit. Experts cite global recession and a strong US dollar for the gap's expansion.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...