June Trade Deficit Narrows to $64.8B

Ackerman, Andrew
August 2006
Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p2
Trade Publication
The article reports on the trade deficit of the U.S. federal government in June 2006. Based from the data released by the Department of Commerce, trade deficit has declined by 0.2 percent or $300 million to $64.8 billion as the country imported less petroleum and energy products. In addition, there was a deficit in goods and services in June as exports surged 2 percent or 2.3 billion over May, while imports in June increased 1.2 percent or $2.2 billion over the previous month.


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