Soaring commodity prices undercut U.S. export rebound, report says

04/13/2011 | Bloomberg

The U.S. trade deficit declined 2.6% to $45.8 billion in February, the Commerce Department said. The drop was considerably less than what economists had forecast, largely because of sharply rising commodity prices. A separate report said the cost of imported goods in March rose the most since June 2009.

View Full Article in:

Bloomberg

Published in Brief: