Goods Deficit Blows Out in January

Posted 3/8/25

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced Thursday that the goods and services deficit was $131.4 billion in January, up $33.3 billion from $98.1 billion in December, revised, or 34%.

While exports grew 1.2%, imports surged 10%. as importers stocked up ahead of the Trump tariff increases.  

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