The US trade deficit saw a slight reduction from last month’s figure. The BEA reports:

The U.S. Census Bureau and the U.S. Bureau of
Economic Analysis, through the Department of Commerce,
announced today that total May exports of $183.1 billion and
imports of $231.8 billion resulted in a goods and services
deficit of $48.7 billion, down from $50.6 billion in April,
revised. May exports were $0.4 billion more than April
exports of $182.7 billion. May imports were $1.6 billion less
than April imports of $233.3 billion.

 

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