Export growth plus import drop eases U.S. trade deficit

04/10/2009 | NYTimes.com

A surprise expansion of exports and a sharp decline in imports combined to reduce the U.S. trade deficit from $36 billion in January to $26 billion in February, the Commerce Department reported. But experts were cautious about the reported growth in exports. John E. Silvia, chief economist at Wachovia, said he could accept the report as a possible indication of an improved trend, "but with a great deal of skepticism."

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