The U.S. trade deficit in goods widened slightly in April, rising to a seasonally adjusted $72.1 billion from $71.9 billion
The numbers: , the Commerce Department said Thursday in an “advanced” look at the data.The advanced look at trade is released before a fuller picture gets unveiled that includes the impact of services.
What they’re saying: “The buildup in Q1 inventories might in part be weighing on import flows, but the export sag fits in with the stall we’ve seen in U.S. manufacturing production over the past several months,” said Avery Shenfeld of CIBC World Markets.
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