The U.S. Census Bureau and the U.S. Bureau of Economic analysis announced Tuesday that the goods and services deficit was $65.5 billion in June, down $2.8 billion from $68.3 billion in May, revised.
June exports were $247.5 billion, $0.3 billion less than May exports. June imports were $313.0 billion, $3.1 billion less than May imports.
June's decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.8 billion to $88.2 billion and a decrease in the services surplus of less than $0.1 billion to $22.7 billion.
Year-to-date, the goods and services deficit decreased $117.7 billion, or 22.3 percent, from the same period in 2022. Exports increased $37.6 billion or 2.5 percent. Imports decreased $80.1 billion or 4.0 percent.
The U.S. Census Bureau and the U.S. Bureau of Economic analysis announced Tuesday that the goods and services deficit was $65.5 billion in June, …
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