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US Trade Deficit Widens More Than January Forecast on Oil
Mar. 07, 2013 04:09PM PST
Resource InvestingBloomberg reported that the trade deficit in the United States widened and the gap grew by 16.5% as demand for crude oil import rebounded.
Bloomberg reported that the trade deficit in the United States widened and the gap grew by 16.5% as demand for crude oil import rebounded.
As quoted in the market news;
The median forecast in a Bloomberg survey of 73 economists called for the deficit to increase to $42.6 billion. Exports fell for the first time in three months as sales of fuel oil and gold reversed gains in the prior month.