Forex
globalreutersJuly 24, 20241 Mins read
US goods trade balance for June -$96.8 billion versus $-98.8 billion estimate
globalreutersJuly 24, 20241 Mins read - Prior month $-98.4 billion revised to $-99.37 billion
- Trade deficit for June $-96.8 billion versus expectations of $-98.8 billion
This is just the deficit for goods. The US always runs a negative goods trade balance with the rest of the world due to the large inflow of imported goods. In contrast the US runs a service surplus with the world.
This article was written by Greg Michalowski at www.forexlive.com.
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