Trade Deficit at 50.4 billion After Analysts Predict $48 billion.

  The Census Bureau along with the United States Commerce Department’s Bureau of Economic Analysis today released the monthly trade deficit report. The deficit for January is pinned at $50.4 billion. Economic analysts had been anticipating a result of $48 billion. These new figures come after December’s report showed a deficit of $48.8 billion. The Exports at that time were $178.8 billion versus an import level of $227.6 billion. The increase in the figures from previous months and analyst estimates is disappointing. The jump seems to stem largely from an increases in the trade gap with China, up to 26…