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To: Dayuhan who wrote (9365)	4/17/2002 10:32:38 AM
From: Lane3	Read Replies (1) of 21057

Trade Deficit Widens to $31.5B By Jeannine Aversa Associated Press Writer Wednesday, April 17, 2002; 8:34 AM The United States' trade deficit widened to $31.5 billion in February as Americans' appetite for foreign-made cars, TVs and other goods increased, reflecting the budding economic recovery in this country. The Commerce Department reported Wednesday that the deficit was 11.6 percent higher than January's trade gap of $28.2 billion. Imports of goods and services rose nearly 4 percent to $110.7 billion in February. Americans' demand for imports is improving as the U.S. economy is on the mend from a recession that began in March 2001. Cheaply priced imports also are motivating buyers. Because U.S. exports of goods and services didn't rise as quickly as imports in February, the trade gap expanded. Exports went up 1.2 percent to $79.2 billion. Countries around the globe are recovering from a worldwide economic slowdown less quickly than the United States, thus restraining their demand for U.S. exports. © 2002 The Associated Press

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