Loading…
Friday, August 01, 2014
Current Weather
Loading Current Weather....
Published: Saturday, 6/9/2012

U.S. trade deficit falls in April 4.9% to $50.1B

BLADE STAFF AND NEWS SERVICES

WASHINGTON -- The U.S. trade deficit shrank in April, but only because a big drop in imports offset the first decline in U.S. exports in five months.

The Commerce Department said Friday the deficit shrank 4.9 percent to $50.1 billion.

U.S. exports, which hit a record the previous month, fell 0.8 percent to $182.9 billion. Imports, which set a record in March, dropped even faster, 1.7 percent to $233 billion.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.