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Wednesday
May112011

American Exports Boom in March, Biggest Gain Since '94

Dynamic Graphics/Thinkstock(WASHINGTON) -- It’s a big boost for “Made in the USA:” American exports jumped in March, but imports rose as well.

American exports rose 4.6 percent in March, the biggest monthly gain since 1994. U.S. manufacturers stepped up production with increasing foreign demand for cars, chemicals and industrial machinery.

The Commerce Department says the trade deficit grew to more than $48 billion because of the soaring price of oil imports.

Copyright 2011 ABC News Radio

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