Missoulian: US trade deficit at two-year high in April
U.S.
International Trade Deficit Increases in April
“The trade deficit in goods and services increased $3 billion to $47.2 billion in April. This reflects a decrease in exports by $0.3 billion to $193.3 billion, and an increase in imports of $2.7 billion to a $240.6 billion. Among the contributors for this record import number are record imports for four goods categories (in billions of dollars): capital goods ($48.6), consumer goods ($47.5), Automotive ($27.2), foods, feeds and beverages ($10.8). Check out our “Trade Highlights” page for more information.”
“The trade deficit in goods and services increased $3 billion to $47.2 billion in April. This reflects a decrease in exports by $0.3 billion to $193.3 billion, and an increase in imports of $2.7 billion to a $240.6 billion. Among the contributors for this record import number are record imports for four goods categories (in billions of dollars): capital goods ($48.6), consumer goods ($47.5), Automotive ($27.2), foods, feeds and beverages ($10.8). Check out our “Trade Highlights” page for more information.”
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