June trade deficit rose to $46.3 billion as imports rose faster than exports

The nation’s international trade deficit in goods and services increased to $46.3 billion in June from $43.2 billion in May, as exports decreased and imports increased.

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June trade in goods deficit rose 5.5 percent as imports outpaced exports

The international trade deficit was $68.3 billion in June, up 5.5 percent from $64.8 billion in May. Exports of goods for June were $141.9 billion, $2.2 billion less than May exports. Imports of goods for June were $210.3 billion, $1.3 billion more than May imports.

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May durable goods orders fell for second straight month as trade disputes potentially increase uncertainty

Orders for durable goods fell 0.6% in May following a revised 1% decline in April, led by the biggest drop in new orders for cars and trucks since 2015.  This is perhaps a sign that intensifying trade disputes between the Trump administration and other countries are causing businesses to hesitate.

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May U.S. trade deficit for goods narrowed for third straight month as exports rose

The US trade deficit in goods narrowed for the third consecutive month in May to -$64.8 billion as improved export performance outweighed a modest rise in imports during the month. This is also the smallest deficit for the economy since last September.

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April trade deficit fell to 7-month low as exports rose to record high

The U.S. trade deficit fell to a seven-month low in April, falling 2.1 percent from March to $46.2 billion. Exports rose to a record high, lifted by an increase in shipments of industrial materials and soybeans.

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February trade deficit widens to highest level since October 2008

The goods and services deficit was $57.6 billion in February, up $0.9 billion from $56.7 billion in January. This is the highest U.S. trade deficit since October 2008.

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BuilderBytes' MetroIntelligence Economic Update for 2/15/13

Please click here to see the edition of BuilderBytes for 2/15/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• January retail sales rise by 0.1% from December and by 4.4% from January 2012
• Prices for both U.S. exports and imports rise in January after two months of declines
• Business inventories edged up in December form November, up by 3.6% from December 2011
• Initial unemployment claims fall by 27,000 in latest report

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