US: Trade deficit increases to $74.6 billion in April vs $75.2 billion expected – by MSalordFX UnitedStates EconomicIndicator TradeBalance
revealed on Wednesday. This reading came in slightly below than the market expectation for a deficit of $75.2 billion.were $249.0 billion, $9.2 billion less than March exports.April increase in the goods and services
deficit reflected an increase in the goods deficit of $14.5 billion to $96.1 billion and an increase in the services surplus of $0.6 billion to $21.6 billion.from the same period in 2022. Exports increased $55.9 billion or 5.8 percent. Imports decreased $30.6 billion or 2.3 percent.Exports of services increased $0.2 billion to $81.9 billion in April.Considering figures for the first quarter, the biggest surpluses in trade were with South and Central America , Netherlands and Australia .
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