Narrow trade gap strengthens U.S. economic growth

Exporters and importers gap in US had narrowed n July to $44.8 billion. In June, the trade deficit was on $51.6 billion. According to economists, this is seen as a welcome sign for the recovery because a narrower trade gap strengthens U.S. economic growth.  Exports totaled to $178 billion in July, which is $6.2 billion high from the prior month. But imports fall to $500 million, totaling $222.8 billion and resulting in the deficit.

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U.S. trade gap narrows