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U.S. Trade Deficit Unexpectedly Widens To Largest Since Last April

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024 lt

A report released by the Commerce Department on Thursday showed the U.S. trade deficit unexpectedly widened in the month of February.

The Commerce Department said the trade deficit increased to $68.9 billion in February from a revised $67.6 billion in January.

Economists had expected the trade deficit to narrow to $67.0 billion from the $67.4 billion originally reported for the previous month.

The wider trade deficit in February matched the largest gap between imports and exports since the deficit reached $72.2 billion last April.

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