Shobhana Chandra and Katia Dmitrieva


Trade Gap Narrows to $49 Billion; Drop of $8.8 Billion Biggest Since 2009

Tim Rue/Bloomberg News

The U.S. trade deficit narrowed in March by the most in two years, while last week’s unemployment filings were below estimates and productivity gains remained lukewarm in the first quarter. Here’s what you need to know from the economic reports out the morning of May 3.

May 3, 2018