WASHINGTON (MktNews) - The trade deficit is expected to be unchanged in January at $33.0 billion as factory shipments and Boeing deliveries indicate that exports were lagging while imports are expected to post a slight decline. Though energy prices spiked in U.S. PPI and CPI in January, petroleum import prices were softer in the month.
Trade in Goods and Services for January (deficit, billion $)
Tuesday, March 20 at 8:30 a.m. ET Actual:
Median Range Responses Jan01 Dec00 Nov00
Trade Gap -$33.0b -$31.5b to -$35.0b 21 -- -$33.0b -$33.1b