Shipping containers sit stacked on a container ship docked at the Port of Oakland, California, on August 7, 2023. (Photo by Justin Sullivan/Getty Images)
The U.S. trade deficit widened in January by more than forecast, driven by a pickup in the value of imports while exports were little changed.
The shortfall in goods-and-services trade expanded 5.1 percent from the prior month, to $67.4 billion—the widest since April—Commerce Department data showed Thursday. The gap exceeded all estimates in a Bloomberg survey of economists. Last year, the deficit narrowed by the most since 2009.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
