U.S. Trade Balance disappointing.

Friday, 9 March 2012 04:15

The U.S. Commerce Department informed today that country’s negative trade balance  increased in January to total of USD52.6 billion.

Prior month data was revised from USD48.8billion to 50.4billion dollars.

Economist forecasted that trade deficit level will remain below USD50 billion in January.

Department of Labor reported also change in non-farm payrolls, which rose by 227 000 in February, right after revised to 284 000 growth in January.