• Prior deficit $42.3bn. Revised to $41.9bn
  • Exports +2.1% vs -1.3% in Feb. +5.0% from a year ago
  • Imports +1.1% vs 0.4% prior. +5.9% from a year ago

Region by region there’s some good numbers both ways from Europe.

US international trade 06 05 2014

US international trade 06 05 2014

Overall the trend is still lower for the deficit since the late 2011, early 2012 highs.

US international trade balance 06 05 2014

US international trade balance 06 05 2014

Again, it’s something that should be positive for the buck long term. The market doesn’t care as we smoke the 101.60 orders to ets 101.50.