Import lull shrinks trade gap 11%

Crude-oil purchases in March at lowest rate since 1996

Posted: May 3, 2013 at 3:27 a.m.

A crane moves a container from a ship at the Port of Baltimore’s Seagirt Marine Terminal in March. The U.S. trade deficit narrowed in March, the Commerce Department said Thursday.

The U.S. trade deficit narrowed more than forecast in March to its second-lowest level in three years as imports of consumer goods and business equipment declined.

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Business, Pages 29 on 05/03/2013