U.S. trade decreases 5.58 percent through May

U.S. trade with the world rose to $1.46 trillion through the first five months of 2016, according to a WorldCity analysis of the latest U.S. Census Bureau data.

That’s a 5.58 percent decrease since the same time period last year. The nation’s exports dropped 6.89 percent to $586.33 billion and imports dropped 4.68 percent to $870.86 billion. The overall trade deficit was $284.53 billion up compared to the same period last year, when the deficit was $283.9 billion. Read more.

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