Tag: Peter Morici

• Thursday, March 10th 2011 - 21:25 UTC

  US trade deficit soars to 46.3 billion in spite of record exports

  

  Stock markets have fallen after figures showed the US trade deficit had widened much more than expected in January. The US Commerce Department said the deficit had widened to 46.3 billion US dollars from 40.3 billion USD in December.