Washington, March 12 (IANS) The United States recorded a $2.8 billion goods trade deficit with India in January, even as the overall US trade gap narrowed sharply, driven by stronger exports and slightly lower imports, according to data released on Thursday by the US Census Bureau and the Bureau of Economic Analysis (BEA).The overall goods and services trade deficit fell to $54.5 billion in January, down from a revised $72.9 billion in December. The $18.4 billion decline marked a drop of about 2…
Latest US Census Bureau News & Updates
Washington, Feb 21 (IANS) The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion.The goods and services deficit rose to $70.3 billion in December, up from $53.0 billion in November, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis said this week.Exports fell 1.7 per cent to $287.3 billion. Imports climbed 3.6 per cent to $357.6 billion.The widening gap was driven by goods. The goods deficit increase…