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February did not set a new monthly Trade Deficit record, but it was very close. The Net Deficit came in at -$89.18 compared to the record in January of -$89.23B. It did set a new TTM record deficit and the deficit relative to GDP is surging. More on this below. Figure: 1 Monthly Plot Detail […]
The post Trailing Twelve Month Trade Deficit Exceeds $900B first appeared on SchiffGold.