US Trade Deficit Rises

Heather Noggle   June 8, 2016   Comments Off on US Trade Deficit Rises

Imports are rising.  In early June, US News and World Report gave information from the Commerce Department:

The Commerce Department said Friday that the deficit increased 5.3 percent in April to $37.4 billion, up from an imbalance of $35.5 billion in March. Exports increased 1.5 percent to $182.8 billion but imports rose faster, increasing 2.1 percent to $220.2 billion.

The article also states one reason why, citing a stronger dollar leading to weaker exports.  Later, the piece focuses on the US/China trade relationship.  Read the full article here.