US advanced goods trade balance for April 2021
- Advance goods trade balance $-85.2 billion versus $-92.0 billion estimate
- deficit is down -7.3%
- prior report . Prior month was revised to -$92 billion deficit versus $-90.6 billion initially reported (last month was a record deficit)
- exports $144.7 billion versus $143.029 billion in March.
- imports $229.9 billion versus $235.1 billion last month.
- exports rose 1.2%.
- Imports felt -2.2%
The lower deficit is a positive for GDP, but still remains elevated
