- Prior was -105.8 billion. The worst since July 2025
- Exports of goods for May 204.7 billion versus $207.7 billion last month. That is -3.8 billion less than May exports
- Imports of goods for May 306.2 billion versus $313.4 billion last month. That is -8.2 billion less than May imports
For background, the U.S. advance goods trade balance is a monthly report published by the Census Bureau as part of its Advance Economic Indicators Report, released roughly a week ahead of the comprehensive FT-900 international trade figures. It captures trade in goods only, measured on a Census basis by principal end-use category, giving markets an early read on exports, imports, and the goods deficit for the reference month. Because goods flows account for most of the month-to-month volatility in the broader trade balance, the advance release is closely tracked as an input to GDP nowcasting, which was downgraded yesterday for Q2.
This article was written by Greg Michalowski at investinglive.com.
