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The March trade deficit came in at -$110B. This obliterated the February record trade deficit of $90B. As the chart below shows, the trade deficit has set a record in each of the last 4 months. It was creeping upwards from -$80B to -$90B before exploding in the latest month. Figure: 1 Monthly Plot Detail The table […]
The post Trade Deficit Explodes 22.3% MoM and 53.8% YoY first appeared on SchiffGold.