“The goods and services deficit was $46.3 billion in June, up $3.2 billion from $43.2 billion in May, revised,” the U.S. Census Bureau and the U.S. Bureau of Economic Analysis jointly announced on Friday.
Key takeaways from the official publication
- June exports were $213.8 billion, $1.5 billion less than May exports. June imports were $260.2 billion, $1.6 billion more than May imports.
- Year-to-date, the goods and services deficit increased $19.6 billion, or 7.2 percent, from the same period in 2017.
- Exports increased $103.6 billion or 9.0 percent. Imports increased $123.2 billion or 8.6 percent.
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