Pantheon Macroeconomics - The April international trade numbers were startlingly, and surprisingly, horrible.  The deficit in trade in goods leaped by $6.2B -- the biggest one-month jump in two years -- to $67.1B, though the headline damage was limited by a sharp narrowing in the oil deficit, thanks to lower prices, and a rebound in the aircraft surplus.

U.S. | 28 June 2017 ISM Survey Suggests May Trade Deficit to Drop Sharply
The April international trade numbers were startlingly, and surprisingly, horrible. The deficit in trade in goods leaped by $6.2B -- the biggest one-month jump in two years -- to $67.1B, though the headline damage was limited by a sharp narrowing in the oil deficit, thanks to lower prices, and a rebound in the aircraft surplus.

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28 June 2017 ISM Survey Suggests May Trade Deficit to Drop Sharply

By Ian Shepherdson

The April international trade numbers were startlingly, and surprisingly, horrible. The deficit in trade in goods leaped by $6.2B -- the biggest one-month jump in two years -- to $67.1B, though the headline damage was limited by a sharp narrowing in the oil deficit, thanks to lower prices, and a rebound in the aircraft surplus.

Posted: 27th Jun 2017 in 'U.S.'

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