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.
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Posted by: The Global Small Business Blog
