US Trade Balance

On Thursday at 8:30 AM the US Trade Balance will be released for the month of February.  Last month the deficit grew slightly to 58.2 Billion from 57.9 billion in December.   The deficit was a great as -67.6 billion in August of 2006.  However, since October of 2006, the deficit has been between -57 and -63 billion.  The lower US dollar has helped contribute to the improvement as exports have steadily grown as US goods and services become more competitive overseas.