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Quote for April: "You can observe a lot just by watching."
Yogi Berra
Tade Balance Shrinks
The US trade deficit shrank in March fueled by a slump in demand for imported goods and the first decline in imports in more than a year. The gap shrank to $58.2 billion, the lowest this year, from $61.7 billion in February, the Commerce Department said...



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Tade Balance Shrinks

The US trade deficit shrank in March fueled by a slump in demand for imported goods and the first decline in imports in more than a year. The gap shrank to $58.2 billion, the lowest this year, from $61.7 billion in February, the Commerce Department said today in Washington. The shortfall with China was the smallest since 2006. Imports decreased 2.9%, the most since December 2001, to $206.7 billion. Purchases of crude oil dropped, even as the average price for the month jumped to a record $89.85. The quantity of petroleum bought from overseas was the lowest since February 2007.

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