US goods and services deficit spikes in May

( July 3, 2025, 15:38 GMT | Official Statement) -- MLex summary: The US goods and services deficit increased to $71.5 billion in May, up from $60.3 billion in April, according to a new report from the Census Bureau and Bureau of Economic Analysis. Imports in May were $350.5 billion, down $0.3 billion from April, while exports were down $11.6 billion to $279 billion. The goods deficit in May increased to $97.5 billion, up roughly $11 billion in April, while the services surplus decreased by $0.1 billion to $26 billion.Statement follows below:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.

Know what others in the room don’t, with features including:

Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Prepare for tomorrow’s regulatory change, today

Related Sections