U.S. Trade Deficit Widens in May


U.S. trade deficit in goods and services increased to $50.2 billion in May from $43.6 billion (revised) in April, as imports increased and exports decreased.

The May deficit of goods and services ($50.2 billion) was the highest since October 2008 ($59.5 billion).

May exports of goods and services ($174.9 billion) were the second highest on record; the record occurred April 2011 ($175.8 billion).

May imports of goods and services ($225.1 billion) were the second highest on record; the record occurred July 2008 ($231.6 billion).


TradingEconomics.com, U.S. Census Bureau
7/12/2011 1:38:35 PM