trending Market Intelligence /marketintelligence/en/news-insights/trending/RDJMqPRZFya_GYBxJ73bVg2 content esgSubNav
In This List

US goods trade deficit widens more than expected in April

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Investment Banking Essentials Newsletter April Edition - 2022


US goods trade deficit widens more than expected in April

The seasonally adjusted U.S. international goods trade deficit widened to $72.12 billion in April from $71.87 billion in March, the Census Bureau reported.

The Econoday consensus forecast was for a deficit of $71.9 billion.

Exports fell to $134.59 billion from $140.48 billion, as all sub-components of the index fell, except the foods, feeds and beverages sector.

Imports declined to $206.71 billion from $212.35 billion.

The April 2019 goods trade deficit grew from the $68.94 billion deficit in April 2018.

Meanwhile, wholesale inventories rose 0.7% month over month to $674.47 billion in April, according to advance data from the bureau. Retail inventories edged up 0.5% to $660.92 billion.