Prior was -70.4 billionGoods trade -108.7 billion vs -108.2 billion prelimExports -1.2%Imports +3.0%
The deficit jumped to the highest since 2022 because of a rush to import items ahead of a feared port strike.
Key Details:
Exports fell on declining civilian aircraft shipments (-$1.7B)Pharmaceutical prep exports dropped $2.0BCrude oil exports declined $1.3BConsumer goods imports jumped $4.0BCapital goods imports rose $2.8B led by computers (+$1.0B) and semiconductors (+$0.8B)Auto imports increased $1.2B with passenger cars up $0.9B
This article was written by Adam Button at www.forexlive.com.
