U.S. Trade Deficit Widens To $-49.9 Billion In June

U.S. trade balance for June was reported at $-49.9 billion vs. consensus of $-42.5 billion and May reading of $-42.3 billion.

Q2 GDP growth will be revised sharply downwards.

Chart 1. U.S. Trade Balance

Source: U.S. Census Bureau


This entry was posted on Wednesday, August 11th, 2010 at 6:57 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player