Trade Deficit Widens 6.3% To $72.2 Billion, Worse Than Expected


 

Economists expected the trade deficit to widen, but the report was outside the range of any estimate.

The Advance Economic Trade Report (Goods Only), shows The international trade deficit was $72.2 billion in July, up $4.3 billion from $67.9 billion in June.

Exports of goods for July were $140.0 billion, $2.5 billion less than June exports.

Imports of goods for July were $212.2 billion, $1.8 billion more than June imports.

The Advance report is goods only the full report is goods plus services.

Trump will not be pleased.

 

 

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