U.S. Goods Trade Deficit Widens Sharply in December

01 Mart 2019

The U.S. goods trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed in the fourth quarter. The Commerce Department said on Wednesday the goods trade gap jumped 12.8 percent to $79.5 billion in December, also with a boost from an increase in imports. Exports declined 2.8 percent and imports rose 2.4 percent in December.
 
Source:   Reuters
Post by : Republic of Turkey Ministry of Trade