US goods trade deficit up to $96.6B in May - Breaking The News

US goods trade deficit up to $96.6B in May

26 June

1 min read

EPA-EFE/ALLISON DINNER

The trade deficit in the United States stood at $96.6 billion in May, jumping by $9.6 billion from April's figure, coming above analysts' expectations, the US Census Bureau revealed in its preliminary report on Thursday.

Exports of goods declined by $9.7 billion from the previous month to reach $179.2 billion in the reported month, while imports were down by $100 million month-on-month to stand at $275.8 billion.

Wholesale inventories dropped by 0.3% on a monthly basis to an estimated end-of-month level of $905.4 billion in May. The figure jumped by 1.4% compared to the same month in 2024.

trade balance data

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