US: Goods and Services Trade deficit shrinks to $87.1B in April

According to the latest data from the Bureau of Economic Analysis and US Census Bureau, the US Goods and Services Trade deficit shrunk to $87.1B in April. That was a little smaller than the expected decrease to $89.5B from $109.80B in March. The Goods trade deficit was $107.74B in April and the Services trade surplus was $20.66B. In total, exports were up 3.5% MoM versus March at $252.62B, while Imports were up 4.9% $339.7B.