Trade Deficit SoarsFX DailyJune 04, 2014 Posted by Pete Karabatos
The U.S. trade deficit soared by 6.9% in April to the highest level in 2
years as consumers purchased record amounts of automobiles, business
equipment, and consumer goods from abroad. The reading, at $47.2
billion, exceeded all of the 70 economists surveyed by Bloomberg.
Exports meanwhile were little changed from the prior month.Read More0 Comments
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