MW:U.S. trade gap widens to $44.2 billion in August
By Greg Robb
WASHINGTON (MarketWatch) -- The U.S. trade deficit widened by 4.1% in August to $44.2 billion, the Commerce Department said Thursday. The trade deficit was close to the consensus forecast of Wall Street economists of a deficit of $44.0 billion. Both imports and exports declined in August, but exports fell at a faster pace. This is the third straight monthly decline in exports. The U.S. trade deficit with China narrowed slightly to $28.7 billion in August compared with $29.0 billion in the same month last year.
