WASHINGTON. The U.S. trade deficit widened more than anticipated in February as Americans snapped up foreign-made televisions and computers, illustrating the rebound in economic growth.
The gap increased 7.4 percent to $39.7 billion from a revised $37 billion the prior month, the Commerce Department said yesterday. Imports climbed 1.7 percent, outpacing a gain in exports that pushed sales abroad to the highest level since October 2008.
The global recovery from the worst economic slump in the post-World War II era means imports and exports will probably keep growing in coming months. Rising surpluses with emerging economies in Asia and Latin America point to gains in overseas demand.