U.S. Trade Deficit Surges to $62.2 Billion in July

U.S. Trade Deficit Surges to $62.2 Billion in Julyhttp://www.mortgagenewsdaily.com/09112008_Trade_Deficit.aspThe U.S. monthly trade deficit widened more than expected in July to $62.2 billion, marking the deepest monthly deficit since March 2007. The consensus was for the deficit to come in at $58.0 billion, following an upwardly revised $58.8 billion in JuneenCommunityServer 2008 SP2 (Build: 31106.96)