Rise in US Exports Brightens Outlook for Economy

Rise in US Exports Brightens Outlook for Economy

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ship containers stacked for deliveryLower trade deficits boosted optimism in the U.S. economic growth this week.

American businesses sold a record number of goods and services in Europe, China and other foreign markets in February, while imports declined.

Many economists began raising their forecasts for GDP growth after seeing Thursday’s government report on the lowest trade deficit since the fall.

(READ the AP report in the Boston Globe)

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