Exports Strengthen Global Trade

iStock/Thinkstock

According to the Commerce Department, the U.S. trade deficit expanded 2.5% to $40.4 billion in March, compared with the prior month.

The March rise in exports and imports was a positive indicator for U.S. demand, as well as for international trade, signaling that more economies around the world are recovering from the downturn.
U.S. exports rose 3.2% to a seasonally adjusted $147.9 billion, while imports increased 3.1% to $188.3 billion.

Read more here.
Posted by: The Global Small Business Blog