Market Overview

U.S. Trade Balance For May; Positive Sign for Economy


The U.S. trade balance was released Thursday morning with positive results. The trade balance was -44.40 billion for the month of May, beating consensus expectations of -45.20 billion.

Exports increased to $195.5 billion from April's $193.5 billion, a positive sign for the U.S. economy. Goods came out to $136.7 billion for the month, up from $135.0 billion in April; services were $58.8 billion, up from $58.5 billion in April.

More positive details in the release with Imports decreasing to $239.8 billion, from $240.5 billion in April; goods were $200.0 billion in May, down from $200.7 billion in April; services were $39.9 billion in May, up from the previous $39.8 billion.

Posted-In: News Econ #s


Related Articles

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→