Commerce Department, Trade Deficit | featured news

US trade gap shrinks as exports rise

U.S. Gap

The U.S. trade deficit shrank in May, as exports to places like China and Europe rose, defying concerns about a global economic slowdown. The Commerce Department said Wednesday that the trade deficit fell 3.8 percent to $48.7 billion in May, down from $50.6 billion in April.

 

Subscribe to this RSS topic: Syndicate content