Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Advance Data Signals Biggest US Trade Deficit In 10 Years

Courtesy of ZeroHedge. View original post here.

For the fifth month in a row, the US trade balance went deeper into deficit (if the advance data holds), hitting a larger than expected -$74.4bn in January – the biggest deficit since July 2008 (in the middle of the last recession).

Both imports and exports dropped in January:

  • Exports fell 2.2% in Jan. to $133.922b from $137.004b in the prior month

  • Imports fell 0.5% to $208.317b in Jan. from $209.263b in Dec.

But the overall picture is not pretty…

As a reminder, the trade deficit was actually at a record high ex-petroleum in December…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!