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Trade in goods and services widens more than expected in January

Mar. 08, 2022 8:32 AM ETBy: SA News Team1 Comment

Trade Deficit

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  • January International Trade in Goods and Services: -$89.7B vs. -$87.1B consensus and -$82B in December (revised from -$80.7B).
  • The January increase in the goods and services deficit reflected an increase in the goods deficit of $7.1B to $108.9B and

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Comments (1)

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Mostly come from inflation. Goods are more expensive plus high shipping costs.
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