Supply Chain Research

The U.S. Census Bureau’s advanced goods trade balance showed a deficit for May of $60.6 billion vs. a market expectation of $59.4 billion. Exports fell 6.2% on a year earlier, with imports falling just 3.7%. The latter were held up by a 2.9% increase in food and beverage imports, with declines in industrial supplies driven … Continue reading “U.S. Trade Deficit Wider Than Expected as Food Gobbled Up”