Tag Archives: US International Trade Deficit

US International Trade Deficit Decreased in May 2022

Posted on 7 July 2022 by Ken Zino

The May decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.9 billion to $105.0 billion and a decrease in the services surplus of $1.7 billion to $19.4 billion. The average goods and services deficit decreased $0.9 billion to $93.3 billion for the three months ending in May. Continue reading →

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US International Trade Deficit Soars in April to $50 Billion

Posted on 4 June 2020 by Ken Zino

The US  international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading →

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