Good trade balance widens
- Prior month $-82.70 billion
- The international trade deficit rose to $96.8 billion in April, an increase of $14.1 billion from March’s $82.7 billion.
- Exports decreased in April, reporting at $163.3 billion, down $9.5 billion from March.
- Imports increased to $260.0 billion in April, up $4.5 billion compared to March.
The combination is not so great with exports falling sharply, while reliance on imports increased MoM. The data can be quite volatile however.