- Prior US trade deficit was $39.1B (revised down to $39.3B)
- Commerce Dept says both imports and exports were at record highs
- Exports -1.1% vs +0.6% in Jan (1.9% vs 3.0% prior y/y)
- Imports 0.4% vs 0.6% in Jan ( 1.1% vs 1.2% prior y/y
US trade balance
Not great news for the US dollar with the deficit rising but more international trade is good news for the global economy.
