{"id":2221,"date":"2026-06-27T15:05:42","date_gmt":"2026-06-27T15:05:42","guid":{"rendered":"https:\/\/usmovingexpertss.com\/?p=2221"},"modified":"2026-06-27T15:05:42","modified_gmt":"2026-06-27T15:05:42","slug":"us-goods-trade-deficit-widens-sharply-in-may-on-imports","status":"publish","type":"post","link":"https:\/\/usmovingexpertss.com\/?p=2221","title":{"rendered":"US goods trade deficit widens sharply in May on imports"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>WASHINGTON &#8211; The U.S. trade deficit in goods widened sharply in May as businesses boosted imports to avoid shortages and higher prices related to the Middle East conflict, which could see economists cut their estimates for second-quarter gross domestic product.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2219\">Hezbollah rejects US-brokered Israel-Lebanon security deal as \u2018surrender\u2019<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department&#8217;s Census Bureau said on Friday. Economists polled by Reuters had forecast the deficit at $85.0 billion. Imports of goods increased $10.9 billion to $313.4 <\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>billion, while exports fell $11.8 billion to $207.7 billion. <\/p>\n<p><!--]--><!--[--><\/p>\n<p>Trade had been a drag on gross domestic product for two straight quarters. Growth estimates for the second quarter are converging around a 2.5% annualized rate. <\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2217\">Hezbollah rejects US-brokered Israel-Lebanon security deal as \u2018surrender\u2019<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The economy grew at a 2.1% annualized rate last quarter after expanding at a 0.5% pace in the October-December quarter. <\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2215\">\u2018Great American State Fair\u2019 kicks off US 250th anniversary celebrations<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p> (Reporting by Lucia Mutikani; Editing by Andrea Ricci)<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p><i> Copyright Reuters or USA Today Network via Reuters Connect.<\/i><\/p>\n<p><!-- --><!--]--><!--]--><!-- --><!-- --><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON &#8211; The U.S. trade deficit in goods widened sharply in May as businesses boosted imports to avoid shortages and higher prices related to the Middle East conflict, which could see economists cut their estimates for second-quarter gross domestic product.<\/p>\n","protected":false},"author":1,"featured_media":2220,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-2221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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