Author Topic: U.S. trade deficit in goods narrows unexpectedly in May  (Read 747 times)

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Offline endicom

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U.S. trade deficit in goods narrows unexpectedly in May
« on: June 27, 2018, 01:02:26 pm »
Market Watch
Greg Robb
June 27, 2018

Deficit narrows 3.7% to $64.8 billion

The numbers: The trade deficit in goods narrowed 3.7% to $64.8 billion in May, according to the government’s advanced report released Wednesday. This was well below the $69.2 billion estimate of economists polled by MarketWatch.

The government’s advanced report on wholesale inventories showed a 0.5% gain in May. And advanced retail inventories rose 0.4%

More... https://www.marketwatch.com/story/us-trade-deficit-in-goods-narrows-unexpectedly-in-may-2018-06-27

Offline Fishrrman

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Re: U.S. trade deficit in goods narrows unexpectedly in May
« Reply #1 on: June 27, 2018, 11:57:42 pm »
All them tariffs are definitely a-hurtin' us... !

Offline endicom

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Re: U.S. trade deficit in goods narrows unexpectedly in May
« Reply #2 on: June 28, 2018, 12:17:30 am »
All them tariffs are definitely a-hurtin' us... !


Our stock markets are taking a hit but the economy is humming along. The big loser right now is Chinese stocks.


Offline thackney

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Re: U.S. trade deficit in goods narrows unexpectedly in May
« Reply #3 on: June 28, 2018, 12:14:57 pm »
From the report, this is primarily a increase in exports of Foods, Feeds, & Beverages as well as Other Goods.  No other category either imports or exports had a double digit percentage change.

https://www.census.gov/econ/indicators/advance_report.pdf

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