Trade Deficit increased to $55.5 Billion in May

From the Department of Commerce reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.5 billion in May, up $4.3 billion from $51.2 billion in April, revised. May exports were $210.6 billion, $4.2 billion more than April exports. May imports were $266.2 billion, $8.5 billion more than April imports. Click on graph for larger image. Exports and imports increased in May. Exports are 27% above the pre-recession peak and down 1% compared to May 2018; imports are 15% above the pre-recession peak, and up 3% compared to......(read more)

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