U.S. Trade Deficit Unexpectedly Increased in May

Before you go, we thought you'd like these...
The U.S. trade deficit unexpectedly increased in May to $42.3 billion, from a revised figure of $40.3 billion in April.

Imports outpaced exports in May, driven by increased demand for consumer goods and cars, the Commerce Department said.

The average trade deficit for the three months ending in May was $40.9 billion.
Read Full Story

People are Reading