U.S. Trade Gap Narrows in January
March 06 2015 - 9:05AM
Dow Jones News
By Jeffrey Sparshott
WASHINGTON--The U.S. trade gap narrowed in January.
The trade deficit shrank to a seasonally adjusted $41.75 billion
in January from the prior month, the Commerce Department said
Friday.
December's deficit was revised to $45.60 billion from an
initially reported $46.56 billion.
Economists surveyed by The Wall Street Journal had forecast a
trade deficit of $41 billion in January.
Exports decreased 2.9% from December to $189.41 billion, and
imports also fell 3.9% to $231.16 billion.
The Commerce Department report on trade can be found at
http://www.census.gov/ft900.
Write to Jeffrey Sparshott at jeffrey.sparshott@wsj.com.