Summary
WASHINGTON - The monthly trade deficit hit $58.3 billion in January, the second-highest in history, as clothing imports from China surged with the lifting of global quotas.
Consumer confidence, however, rose at the fastest pace in seven months in early March according to a separate AP survey.See the full content of this document
Extract
Trade Deficit Near Record, but Consumer Buying Up
The Commerce Department's trade report released Friday showed a January trade gap that was 4.5 percent higher than December's $55.7 billion deficit a...
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