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Thursday, June 13, 2024
HomeNewsEconomyU.S. Trade Deficit Narrows Slightly More Than Expected

U.S. Trade Deficit Narrows Slightly More Than Expected


A Ferrari cargo crane moves shipping containing on a U.S. trade port. (Photo: Reuters)

The Commerce Department said the U.S. trade deficit in March shrunk to $40.44 billion, slightly beating the median economist forecast  for the deficit to narrow to $41.5 billion. February’s deficit was revised lower to $46.96 billion.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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