May Trade Deficit Disappoints!
Posted on July 6th, 2008 by MoverMike
UPDATE: Please see correction to this post Correction: May Trade Deficit Does Not Disappoint!
From News.com.au:
A SURGE in imports and skyrocketing oil prices offset the impact of a weak dollar and pushed the US trade deficit in April up to $US60.9 billion ($64.21 billion), new data shows.
From the U.S. Department of Commerce:
| 2006 |
| Jan.- Dec. -753,283 |
| Jan.- Apr. -251,779 |
| January -65,538 |
| February -62,298 |
| March -61,251 |
| April -62,690 |
| May -65,166 |
| June -63,986 |
| July -66,965 |
| August -66,720 |
| September -63,786 |
| October -57,726 |
| November -56,850 |
| December -60,310 |
| 2007 |
| Jan.- Dec. -700,258 |
| Jan.- Apr. -239,802 |
| January -58,411 |
| February -58,810 |
| March -62,322 |
| April -60,259 |
| May -59,435 |
| June -59,125 |
| July -57,317 |
| August -55,333 |
| September -55,464 |
| October -56,333 |
| November -59,871 |
| December -57,579 |
| 2008 |
| Jan.- Apr. -235,821 |
| January -57,856 |
| February -60,573 |
| March -56,491 |
| April -60,901 |
| May -64.21 vs est. of -62,901 and up from May, 2007 -59.435 |
[…] wrote on July 6th and published it on July 10, that the May Trade Deficit Disappoints! quoting a story from News.com.au. The article dated July 11, 2008 appeared in breaking news and […]