(Bureau of Economic Analysis) US trade in goods and services deficit was $87.1 billion in April, down from a deficit of $107.7 billion in March.
The narrower trade deficit reflected a rise in exports by $8.5 billion to $252.6 billion. The exports declined by $12.1 billion to $339.7 billion.
Goods deficit narrowed by $19.1 billion to $107.7 billion, while services surplus improved by $1.5 billion to $20.7 billion.
Year-to-date, the US goods, and services deficit increased by $107.9 billion or $41.1% from the comparable period of 2021.
On a three-month moving average to April, the trade deficit narrowed by $0.3 billion to $94.3 billion. The deficit rose by $27.9 billion in the same period as the prior year.
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