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Total
May exports of $187.1 billion and imports of $232.1 billion resulted in a goods
and services deficit of $45.0
billion, up from $40.1 billion in April (revised). May exports were $0.5
billion less than April exports of $187.6 billion. May imports were $4.4 billion
more than April imports of $227.7 billion.
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On
a global scale, data compiled by the Netherlands
Bureau for Economic Policy Analysis showed that
world trade volume increased by 1.3 percent in April while prices fell by 0.7
percent.
The foregoing comments represent the
general economic views and analysis of Delphi Advisors,
and are provided solely for the purpose of information, instruction and
discourse. They do not constitute a solicitation or recommendation regarding
any investment.
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