May Trade Deficit Shrinks 7% To $43B, Year-to-Date Deficit Up 8% at $245B
By Jason Cooper, CPA Research Assistant According to the latest US government report the US trade deficit in May was $43.1 billion, the smallest deficit since September of 2017. The smaller deficit was driven by a $3.7 billion increase in exports from April to May, with exports of $144.9 billion in May. Product categories showing…