U.S. trade increases 7.15 percent through May

U.S. trade with the world rose to $1.56 trillion through the first five months of 2017, according to a WorldCity analysis of the latest U.S. Census Bureau data.

That’s a 7.15 percent increase over the same time period last year. The nation’s exports climbed 6.5 percent to $624.45 billion and imports climbed 7.59 percent to $936.93 billion. The overall trade deficit was $312.48 billion up compared to the same period last year, when the deficit was $284.53 billion. Read more

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