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Canada: trade deficit widened to a record $4.1 billion in March

Canada's merchandise trade deficit with the world widened from $2.9 billion in February to a record $4.1 billion in March, Statistics Canada reported this Thursday.

Key points:

   •  Canada's imports rose 6.0% to a record $51.7 billion in March. 
   •  Exports also increased, up 3.7% to $47.6 billion. 
   •  In real (or in volume) terms, imports rose 5.3% and exports were up 3.0%.

US: nonfarm productivity rises 0.7% in Q1 2018

Nonfarm business sector labor productivity increased 0.7 percent during the first quarter of 2018, the US Bureau of Labor Statistics reported this Thu
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US: goods and services deficit was at $49.0 billion in March

The US goods and services deficit was $49.0 billion in March, down $8.8 billion from $57.7 billion in February (revised), the US Census Bureau and the
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