Sunnier Outlook for U.S. Trade Sector
After years of gloom and doom, the outlook for the U.S. trade deficit has suddenly turned sunny.
After sharply narrowing in the prior month, economists polled by MarketWatch expect the trade gap to widen in March to $49.5 billion, near the high end of its range over the past year, due to higher oil prices.
But economists are looking past the monthly data. It is the big picture that is looking up. Read more here.
Date: May 8, 2012