Trade Deficit in U.S. Little Changed as Imports, Exports Grow

The trade deficit in the U.S. was little changed in January as exports and imports grew, a sign economies throughout the globe are picking up.

The gap widened by 0.3 percent to $39.1 billion from $39 billion in the prior month that was larger than previously estimated, Commerce Department figures showed today in Washington. The median forecast in a Bloomberg survey of 70 economists called for a $38.5 billion deficit. Exports and imports each increased 0.6 percent.