28-02-2024 14:46 via rocketnews.com

U.S. trade in goods deficit widens 2.6% in January

The numbers: The U.S. trade deficit in goods widened 2.6% to $90.2 billion in January, according to the Commerce Department’s advanced estimate released Wednesday. Economists polled by Econoday were looking for the deficit to narrow to a $88.1 billion deficit. Key details:Exports of goods rose $400 million to $170.4 billion in January. Imports rose $2.7 billion to $260.6 billion.The report also showed a 0.1% decline in wholesale inventories in January. And advanced retail inventories
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