Federal Government
|
By Administrator
|
Friday, 11 July 2014 09:39 |
RALEIGH, (SGRToday.com) - The federal government reports that May 2014 economic data shows a goods and services deficit of $44.4 billion, down from $47 billion in April.
The deficit was derived from Department of Commerce data showing $195.5 billion in imports and $239.8 billion in exports, according to
May exports were $2.0 billion more than April exports of $193.5 billion. May imports were $0.7 billion less than April imports of $240.5 billion, the report said.
In addition, the goods deficit decreased $2.4 billion from April to $63.3 billion, and the services surplus increased $0.3 billion from April to $18.9 billion. Exports of goods increased $1.6 billion to $136.7 billion, and imports of goods decreased $0.7 billion to $200.0 billion.
The full report can be found at http://www.census.gov/foreign-trade/Press-Release/2014pr/05/ft900.pdf
|
Last Updated on Friday, 11 July 2014 09:41 |