Mar 10, 2012

Trade deficit reaches highest level since 2008

The monthly trade deficit rose to $52.6 billion in January, the highest level since the 2008 financial crisis, the Commerce Department reported Friday. In January, the United States exported $180.8 billion in goods and services and imported $233.4 billion. The trade imbalance grew from $50.4 billion in December.

Read more at:
http://thehill.com/blogs/on-the-money/1005-trade/215153--trade-deficit-reaches-highest-level-since-2008