“U.S. Trade Gap Swells to Record in 2021 on Surge in Imports”
February 8, 2022
“…The annual shortfall in goods and services increased for a second straight year, widening 26.9% to $859.1 billion, Commerce Department data showed Tuesday. The December gap grew to $80.7 billion from the prior month. That compares with the median estimate of $83 billion in a Bloomberg survey of economists. The figures aren’t adjusted for prices.
Annual imports climbed 20.5% to $3.39 trillion from 2020, while exports rose 18.5% to $2.53 trillion…”