A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.
The Commerce Department said Thursday that the trade gap widened to $51.8 billion in March, from $45.4 billion in February. Imports rose 5.2% to a record $238.6 billion, reflecting more foreign oil, autos, cell phones and clothes.
Exports increased nearly 3% to $186.8 billion. Sales...Read More