BEA News: U.S. International Trade in Goods and Services, May 2012

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total May exports of $183.1 billion and imports of $231.8 billion resulted in a goods and services deficit of $48.7 billion, down from $50.6 billion in April, revised.  May exports were $0.4 billion more than April exports of $182.7 billion.  May imports were $1.6 billion less than April imports of $233.3 billion. 

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/international/trade/tradnewsrelease.htm

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