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Even though the trade gap hit an 18-month high in May, exports rose substantially, by $3.5 billion. Imports just grew faster, by $5.5 billion. But increasing exports is pretty significant news. Last month they declined by $1 billion, so a big bump in the positive direction is welcome news. In fact, exports grew to the largest amount we've seen since September 2008, hitting a 20-month high.Read more here.
Posted by: The Global Small Business Blog
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