Latest data released by the BEA - 2 August 2019
- Prior -$55.5 billion; revised to -$55.3 billion
- Exports -2.1%
- Imports -1.7%
- Services +$20.0 billion
Overall trade remains somewhat steady but the decline in both exports and imports will be a bit of a concern, especially with trade tensions escalating. Of note, the trade deficit to China is seen at $30.2 billion - steady relative to May.
