U.S. trade deficit in goods falls 6.1% in June as exports rebound, but outlook still weak



Jeffry Bartash | MarketWatch

The numbers: The U.S. trade deficit in goods showed a 6.1% decline in June as exports grew faster than imports, but the level of trade is still well below year-ago levels because of the strain caused by the coronavirus.

The advanced trade deficit in goods dropped to $70.6 billion in June from $75.3 in the prior month, the U.S. Census Bureau said Wednesday.

The decline was larger than expected. Economists polled by MarketWatch had forecast the gap to shrink just slightly to $74.9 billion.

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