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U.S. trade deficit in goods climbs to three-month high of $91.5 billion

Por: MarketWatch Politics February 28, 2023

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Large deficits subtract from gross domestic product, the official scorecard for the economy. The trade gap in goods has tapered off since hitting a record $125.3 billion last spring, but it’s still historically high. An advanced estimate of wholesale inventories, meanwhile, showed a 0.4% decrease in January. Retail inventories rose 0.3% in the month, according to an early estimate. Big picture: The trade deficit has set fresh records for three... + full article



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