Economics
Trade Gap Shrinks as U.S. Exports Show Global Pickup
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The biggest gain in U.S. exports in nine months helped narrow the trade deficit in March, pointing to a revival of global demand that will help the world’s largest economy strengthen.
The trade gap shrank by 3.6 percent to $40.4 billion from the prior month’s $41.9 billion, Commerce Department figures showed today in Washington. Sales to foreign customers climbed 2.1 percent to the second-highest level on record as demand grew for aircraft, autos and fuels.