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May 12, 2009

Trade Gap Widened In March

The country's goods and services deficit grew to $27.6 billion in March from $26.1 billion in February, the U.S. Census Bureau reported.

The deficit was down from $29.8 billion in the same month a year ago.

The export of goods fell by 2.4 percent to $123.6 billion between February and March while the import of goods and services fell by 1 percent to $151.2 billion during the same time.

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