Preview: US trade gap

From businessweek.com

The U.S. trade deficit likely narrowed slightly in March, which could provide support for economic growth. Economists are forecasting that the trade deficit declined by 1.2 percent to $42.5 billion in March, according to a survey by FactSet. The Commerce Department will release the report at 8:30 a.m. EDT Thursday. A narrower trade gap can boost growth if U.S. companies are earning more from overseas sales while U.S. consumers and businesses are spending less on foreign products. In February, the trade deficit narrowed unexpectedly as exports climbed close to an all-time high while the volume of imported crude oil ... (full story)