A sharp narrowing of the goods trade deficit in June will most likely provide a boost to second-quarter gross domestic product, but the headline number masks underlying economic fragility. Labor market activity slowed notably during the month, and signs of weakening consumer demand suggest more turbulence ahead, even as confidence … … READ MORE >
trade deficit
Trade deficit plunges in April, yet signals trouble ahead
The U.S. total trade deficit plunged to its lowest level since 2023—just a month after it spiked to a record high. … READ MORE >
Market minute: The dollar’s role as a reserve currency does not lead to overvaluation
If policies are adopted to devalue the dollar and end its reserve status, they would only damage American businesses and consumers. … READ MORE >
Chart of the day: U.S. trade deficit widens
The U.S. trade deficit widened in December for the second straight month as domestic demand for imported goods ended the year on a strong note. … READ MORE >
Chart of the day: U.S. trade deficit improved significantly in October
The U.S. trade deficit posted a sharp decline in October to $67.1 billion from the record $81.4 billion in September, according to data released by the U.S. Census Bureau on Tuesday. … READ MORE >
Goods trade deficit hit new low in September amid strong demand
The goods trade deficit set another record low in September at $96.3 billion as American demand remained strong, according to the Census Bureau advance report on Wednesday. … READ MORE >
Chart of the day: U.S. trade deficit reached record high in August
The U.S. trade deficit rose to a record $73.25 billion in August, up from $70.3 billion in July, as both goods and service trade balances declined. … READ MORE >
CHART OF THE DAY: U.S. trade deficit improved in July after a record high
The U.S. trade deficit of goods and services, which measures exports minus imports, declined by $4.6 billion to $70.1 billion in July as domestic demand for foreign goods slowed and foreign countries’ needs for U.S. goods rose. … READ MORE >
CHART OF THE DAY: Industrial trade deficit rises amid growing domestic demand
The industrial goods trade deficit increased to $36.7 billion in May from $34.39 billion in April, far exceeding pre-pandemic levels of trade deficits, according to Commerce Department data released on Thursday. … READ MORE >
Pre-holiday data deluge: A November to remember
Among a series of economic reports released on Wednesday, first-time jobless claims increased for the second consecutive week, with the top line increasing to 778,000 for the week ending Nov. 21, up from 742,000 previously, … READ MORE >