Skip to content

U.S. Trade Deficit Narrows in April

6/8/2012 10:20:00 AM
Write a Letter to the Editor

Print This

The U.S. trade deficit shrank by 4.9% in April as a drop in imports more than offset the first exports decline in five months, the Commerce Department said Friday.

The gap between imports and exports fell to $50.1 billion, from a revised $52.6 billion in March that was higher than originally reported.

Economists had projected a $49.5 billion trade gap, Bloomberg reported.

Imports decreased 1.7% to $233 billion, while exports declined 0.8% to $182.9 billion.

Follow Transport Topics on RSS Twitter Facebook

 Print This

© 2012, Transport Topics Publishing Group. All rights reserved.




U.S. Trade Deficit Jumps 14% (5/10/2012 8:50:00 AM)
Trade Deficit Narrows as Imports Drop (4/12/2012 9:00:00 AM)
Trade Gap Is Highest in More Than Three Years (3/9/2012 10:00:00 AM)
U.S. Trade Deficit Widens to Six-Month High (2/10/2012 10:10:00 AM)
U.S. Trade Deficit Widens in November (1/13/2012 9:15:00 AM)
2011: A Year of Industry Expectations Met and Unmet (12/19/2011 12:00:00 PM)

We'll deliver tax strategies to your inbox from our CPA firm.
We hate spam. Your email address will not be sold or shared with anyone else.