Trade Deficit Widens, Exports Weak: Economists Miss the Mark
mishtalk.com / Mike “Mish” Shedlock / May 25, 2017
The Census Bureau reports the International Trade Deficit in Goods widened by $2.5 billion (3.8 percent), with exports down and imports up.
This will subtract from second-quarter GDP estimates.
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Advance International Trade in Goods
The international trade deficit was $67.6 billion in April, up $2.5 billion from $65.1 billion in March. Exports of goods for April were $125.9 billion, $1.1 billion less than March exports. Imports of goods for April were $193.4 billion, $1.4 billion more than March imports.
The post Trade Deficit Widens, Exports Weak: Economists Miss the Mark appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/05/25/trade-deficit-widens-exports-weak-economists-miss-the-mark/
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