The trade deficit narrowed in April thanks to a decrease in imports, according to the latest data from the Bureau of Economic Analysis (BEA)
- April exports were $205.0 billion, an increase of $2.3 billion from March.
- April imports were $273.9 billion, a decrease of $3.8 billion from March.
The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $6.2 billion to $86.7 billion and a decrease in the services surplus of $0.1 billion to $17.8 billion…
- The Three-Month moving average for exports increased $3.9 billion to $198.7 billion in April.
- The Three-Month moving average imports increased $4.5 billion to $270.3 billion in April.
Year-to-date, the goods and services deficit increased $94.5 billion, or 50.5 percent, from the same period in 2020…