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Goods and Services Deficit Grows in June

Eric Smith
posted on August 5, 2021

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis on Thursday announced that the goods and services deficit was $75.7 billion in June, up $4.8 billion, or 6.7%, from $71 billion in May, revised.

June exports were $207.7 billion, $1.2 billion more than May exports. June imports were $283.4 billion, $6 billion more than May imports.

The June increase in the goods and services deficit reflected an increase in the goods deficit of $4 billion to $93.2 billion and a decrease in the services surplus of $0.7 billion to $17.4 billion.

Year-to-date, the goods and services deficit increased $135.8 billion, or 46.4%, from the same period in 2020. Exports increased $150.9 billion or 14.3%. Imports increased $286.7 billion or 21.3%.

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