U.S. trade deficit swells to record as goods, oil imports surge

Bloomberg/Olivia Rockeman/3-8-2022

“The January gap in goods and services trade widened 9.4% to $89.7 billion, Commerce Department data showed Tuesday. The shortfall was bigger than all estimates in a Bloomberg survey of economists. The figures aren’t adjusted for prices.”

USAGOLD note: The once prominent but now forgotten indicator ……

United States Balance of Trade

Source: tradingeconomics.com