U.S. Exports Fell in May, Imports Rose

Washington, DC, August 3, 2018-June exports were $213.8 billion, $1.5 billion less than May exports, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced. June imports were $260.2 billion, $1.6 billion more than May imports.

The June increase in the goods and services deficit reflected an increase in the goods deficit of $3.1 billion to $68.8 billion and a decrease in the services surplus of less than $0.1 billion to $22.5 billion.

Year-to-date, the goods and services deficit increased $19.6 billion, or 7.2%, from the same period in 2017. Exports increased $103.6 billion or 9.0%. Imports increased $123.2 billion or 8.6%.

Related Topics:U.S. Census Bureau