The US Trade Deficit widest since 2008
- The US trade gap widened to the highest level since 2008.
- Import were at the highest levels since July 2008 (+1.7% MoM) on Capital Good Demand (highest on record)
- Export increased 0.7%
- Price adjusted deficit used for GDP widened to 47.7 billion form 47
When the deficit widens it is a subtraction from GDP.
- China deficit -23.135 vs -26.872
- Japan -6.541B vs -6.207B
- EU deficit -9.630B vs -9.728B
- Canada -3.877B vs -3.025B
- Mexico -4.946 vs -5.514B








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