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03.06.2016 14:45:52
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U.S. Trade Deficit Widens To $37.4 Billion In April
(RTTNews) - With imports rising more than exports, the Commerce Department released a report on Friday showing that the U.S. trade deficit widened in the month of April.
The report said the trade deficit widened to $37.4 billion in April from a revised $35.5 billion in March. The deficit had been expected to widen to $41.0 billion from the $40.4 billion originally reported for the previous month.
The wider deficit came as the value of imports jumped 2.1 percent to $220.2 billion, while the value of exports climbed 1.5 percent to $182.8 billion.
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