Latest News Updates From Mark Niquette

The gap in goods and services trade grew 42.2% from April to $77.6 billion, Commerce Department data showed July 7.

U.S. exports of goods decreased 5.4%, led by declines across categories including outbound shipments of industrial supplies. Imports rose 3.6%.

The gap in goods and services trade shrank 1.2% in April from the prior month to $55.9 billion, Commerce Department data showed June 9.

The shortfall in goods trade shrank 3.4% from the prior month to $82.4 billion, Commerce Department data showed May 29.

The gap in goods and services trade grew 4.4% from the prior month to $60.3 billion, Commerce Department data showed May 5.

Economists are monitoring both the inflationary and demand impacts from soaring prices of gasoline, diesel and other petroleum products. 

The gap in goods and services trade shrank more than 25% from the prior month to $54.5 billion, Commerce Department data showed March 12.

The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Jan. 29. The trade data has been prone to volatility related to trade policy.

The goods and services trade gap shrank 39% from the prior month to $29.4 billion, Commerce Department data showed Jan. 8. Imports decreased 3.2%.

Transportation and warehousing employment fell by 8,000 jobs in November and is down 78,000 jobs since its February peak, according to the BLS Employment Situation report for November.