US visible trade deficit yawns wider in April
By Alexander Bueso
Date: Friday 26 May 2023
(Sharecast News) - America's visible trade deficit yawned wider last month as exports shrank rapidly.
According to the Department of Commerce, in seasonally adjusted terms the country's deficit on trade in goods jumped at a month-on-month pace of 17.0% to reach -$96.8bn.
Consensus had been for a deficit of -$85.7bn.
Exports fell by 5.5% month-on-month to reach $163.3bn.
Imports were up by 1.7% against March to $260.0bn.
-- More to follow --
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN