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Percentage change in U.S. trade deficit for July 2024?
3
Resolution / Starting Odds
Decrease by more than 5% • 25%
Decrease by 0-5% • 25%
Increase by 0-5% • 25%
Increase by more than 5% • 25%
U.S. Census Bureau trade data release for July 2024
Story
U.S. Trade Deficit Widens 8.7% to $74.6 Billion in April 2024, Largest Since October 2022
Jun 6, 2024, 12:56 PM
The U.S. trade deficit increased by 8.7% in April 2024, reaching $74.6 billion. This marks the largest trade deficit since October 2022. Exports rose by 0.8% to $263.7 billion, while imports surged by 2.4% to $338.2 billion. The increase in imports, driven by goods such as motor vehicles, computers, and industrial supplies, outpaced the growth in exports. The trade deficit, although significant in nominal figures, represents a smaller increase in real terms due to a surge in import prices. The deficit was slightly below the estimated $76.5 billion but higher than the revised figure of $68.6 billion from the previous month.
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Deficit increases • 33%
Deficit decreases • 33%
Deficit remains stable • 34%
Surplus above $50B • 33%
Surplus between $30B and $50B • 33%
Surplus below $30B • 33%
Below $200 billion • 25%
$200 billion to $220 billion • 25%
$220 billion to $240 billion • 25%
Above $240 billion • 25%
Decrease by more than 10% • 33%
Decrease by 5-10% • 33%
Decrease by less than 5% • 34%
Increase • 25%
Decrease • 25%
No Change • 25%
Data not available • 25%
Widening of the trade deficit • 33%
Narrowing of the trade deficit • 34%
No significant change • 33%
