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Calculated Risk

From the Department of Commerce reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.2 billion in May, up $2.2 billion from $69.1 billion in April, revised.
May exports were $206.0 billion, $1.3 billion more than April exports. May imports were $277.3 billion, $3.5 billion more than April imports.
emphasis added
Exports and imports increased in May.
Exports are up 41% compared to May 2020; imports are up 38% compared to May 2020.
Both imports and exports decreased sharply due to COVID-19, and have now bounced back (imports more than exports),
The second graph shows the U.S. trade deficit, with and without petroleum. ....

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Calculated Risk

Calculated Risk
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Calculated Risk

Calculated Risk
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Calculated Risk: Comments on June Employment Report

Calculated Risk: Comments on June Employment Report
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