
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, April 20, 1995                   TAG: 9504250128
SECTION: BUSINESS                    PAGE: B-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

TRADE DEFICIT CUT DRAMATICALLY

America's trade deficit, a month after hitting an all-time high, narrowed sharply in February even though the peso's problems pushed the trade gap with Mexico to a record level.

The deficit in goods and services declined by 24.6 in February to $9.01 billion as U.S. exports rose by 2.7 percent to the second-highest level in history while imports dropped by 2 percent. The trade deficit in January had been $11.95 billion.

Memo: NOTE: Please see microfilm for text.

by CNB