US advance goods trade deficit widened 5.1% to USD -74.5B in May, up from USD -70.9B. That’s also larger than expectation of USD -71.8B. Exports rose USD 4.1B to USD 1402.B. Meanwhile, imports rose USD 7.8B to USD 214.7B.
Durable goods orders dropped -1.3% in May, worse than expectation of -0.1%. But ex-transport orders rose 0.3%, above expectation of 0.1%. Ex-defense order dropped -0.6%.
