• Prior -38.7bn
  • Exports +0.6% vs -1.7% prior (3.0 %y/y)
  • Imports +0.6% vs +0.2% prior (1.2% y/y)
US trade deficit 07 03 2014
US trade balance 07 03 2014

Whatever is happening in the jobs picture the US is still chipping away at the deficit and there’s signs that exports to Europe are picking up. Even with imports from there dropping it’s a sign of some movement in the european market