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Economics

US Goods-Trade Deficit Grows Slightly to Widest Since October

  • Shortfall increased 0.6% to $91.6 billion in February
  • Wider gap showed larger drop in value of exports than imports
Trucks transport cargo containers at the Port of Baltimore in Baltimore, Maryland.

Trucks transport cargo containers at the Port of Baltimore in Baltimore, Maryland.

Photographer: Brendan Smialowski/AFP/Getty Images
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The US merchandise-trade deficit widened slightly in February for a third month as a decline in the value of exports exceeded a drop in imports.

The trade gap in goods grew 0.6% to $91.6 billion, the widest since October, Commerce Department data showed Tuesday. The figure, which isn’t adjusted for inflation, compared with a median estimate in a Bloomberg survey of economists for a $90 billion deficit.