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Wider trade gap may mean slower Q4 economic growth

February 6, 2014 • National News


In this Monday, Jan. 27, 2014, photo, a ship to shore crane unloads a shipping container at the Georgia Ports Authority Garden City terminal, in Savannah, Ga. The Commerce Department reports on the U.S. trade deficit for December on Thursday, Feb. 6, 2014. (AP Photo/Stephen B. Morton)

WASHINGTON (AP) — The U.S. trade deficit widened in December after hitting a four-year low in November. But for 2013, the gap reached its lowest point since 2009 as exports rose to a record.

Analysts said the larger-than-expected trade deficit for December would likely reduce estimates of growth in the October-December quarter. The government had initially estimated fourth-quarter growth at a 3.2 percent annual Login to read more

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