Economics
U.S. Economy: Four-Month Low Trade Gap May Help Growth
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The U.S. trade deficit was little changed at a four-month low of $45.6 billion in August as near-record exports helped keep the economy expanding.
The shortfall compared with a median projection of $45.8 billion in a Bloomberg News survey of economists. Shipments abroad valued at $177.6 billion were the second-highest ever, the Commerce Department said in Washington. Two other reports today signaled Americans remain pessimistic as the labor market shows few signs of improving.