May Trade Deficit Grows 0.8% to $63.8B

Ackerman, Andrew
July 2006
Bond Buyer;7/13/2006, Vol. 357 Issue 32422, p2
Trade Publication
The article reports that the trade deficit of the U.S. widened slightly in May 2006, according to data released by Commerce Department. The deficit rose by 0.8 percent or $500 million to $63.8 billion as Americans imported more petroleum and other energy products. The May figure was lower than the shortfall projected by analysts and followed a revised deficit of $63.3 billion in April.


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