Trade Deficit in U.S. Plunges on Record Petroleum Exports

The trade deficit in the U.S. narrowed more than forecast in December, led by record exports of petroleum that gave the world’s largest economy a boost at the end of 2012. The gap shrank 20.7 percent to $38.5 billion, lower than any estimate in a Bloomberg survey of 73 economists and the least si…

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Trade Deficit in U.S. Plunges on Record Petroleum Exports

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