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USAFacts
USAFacts
Health

US exports dropped 9.6% in March—the biggest monthly decline since 1992

In another indicator of COVID-19’s effect on the economy, exports from the United States fell nearly 10% or $20 billion between February and March.

That’s the biggest decline in any month since at least 1992, according to the latest report from the Bureau of Economic Analysis (BEA). In March, the US trade deficit grew by 11.6% to $44.4 billion.

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