US trade deficit widens by 1.4 percent to $64.8B in March


The trade deficit of the U.S showed a 1.4 percent increase in March, according to the monthly advanced data released by the Department of Commerce on Thursday.

The international trade deficit figure excluding services rose to $64.8 billion in March from $63.9 billion in February.

Exports of goods for March were $125.5 billion, $2.2 billion less than February exports. Imports of goods for March were $190.3 billion, $1.4 billion less than February imports.

Wholesale inventories decreased by 0.1 percent in March whereas retail inventories increased by 0.4 percent.