U.S. international trade in goods deficit widens more than expected in May
Seeking Alpha ·
International trade in goods (advance) balance came in at -$105.8B in May, compared with -$83.0B in April (revised from -$82.4B), according to data released by the Census Bureau on Friday. The latest figure compares with the consensus of $85.2B deficit. Exports of goods fell $11.8B from April to $207.7B. Imports increased $10.9B to $313.4B. Wholesale inventories were up 0.3% to $944.0B, while retail inventories rose 0.6% to $832.2B. Fed's monetary stance is 'well positioned' to restore inflation to 2%, NY Fed's Williams says Mortgage rates remain stable as markets assess Fed decision
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