US Trade Deficit Narrows Unexpectedly

April 17, 2019

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US Trade Deficit Narrows Unexpectedly — *Image by* *Michael Barera*
*Frontiers of Flight Museum December 2015 048 (Boeing 787 Dreamliner model)*

The U.S. trade deficit unexpectedly narrowed in February with an imbalance of -$49.4 billion vs consensus estimate of -$53.5 billion. The shift was mainly due to higher aircraft exports, which highlights the importance to the American economy of Boeing, and the current problems with the 737 Max 8 aircraft after several fatal crashes.

The development could be signaling a sea change in global trade patterns as the Trump administration's policies begin to take effect in the reported trade data.

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CD Media Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."