NEWS FLASH
Record U.S. Exports Unexpectedly Narrow Trade Deficit | The Department of Commerce reported that the U.S. exported a record $175.6 billion in goods and services in April, unexpectedly helping to narrow the trade deficit. The report cites the weakening U.S. dollar, as well as supply chain disruptions from the natural disasters in Japan as factors. “Over all, this report was a good one for the U.S. economy,” said economist Gregory Daco.
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