U.S. February Trade Deficit Narrows to $58.4 Billion

[Sapiens]

http://www.bloomberg.com/apps/news?p...Jxs&refer=home

April 13 (Bloomberg) -- The U.S. trade deficit unexpectedly narrowed in February from the previous month, as the U.S. purchased fewer goods from China and imported less petroleum, a government report showed.

The gap in goods and services trade narrowed to $58.4 billion from $58.9 billion in January, the Commerce Department reported today in Washington. Imports and exports both declined. Imports from China fell to the lowest level since May 2006.

Ok, here is one of the first signs that the credit crunch is underway!

[Tet]

Re: U.S. February Trade Deficit Narrows to $58.4 Billion

http://www.bloomberg.com/apps/news?p...Jxs&refer=home



Ok, here is one of the first signs that the credit crunch is underway!

Maybe we've figured out how to export burgers and haircuts?

Mild winter, daylight savings time came early, February is a historical low month thanks to Chinese New Year for Chinese trade and they can make up any number they want anyway.