2025年7月14日 星期一

美國5月商品貿易逆差因出口下降擴大

 Recently Yahoo News on-line picked up the following:

US goods trade deficit widens in May as exports fall

Reuters - Reporting by Lucia Mutikani

Thu, June 26, 2025 at 6:28 a.m. PDT·1 min read

WASHINGTON (Reuters) -The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second quarter.

The goods trade gap widened 11.1% to $96.6 billion last month, the Commerce Department's Census Bureau said on Thursday. Exports of goods dropped $9.7 billion to $179.2 billion. Goods imports were little changed at $275.8 billion.

A flood of imports as businesses rushed to bring in goods before President Donald Trump's sweeping tariffs came into effect boosted the goods trade deficit to a record high in the first quarter, accounting for much of the 0.5% annualized rate of decline in GDP during that period.

The Atlanta Federal Reserve is forecasting GDP accelerating at a 3.4% rate this quarter. Given the gyrations from imports, economists cautioned against interpreting the anticipated bounce back in GDP as a sign of economic strength.

Data on retail sales, the housing and labor markets have suggested economic activity is softening.

 Translation

美國5月商品貿易逆差因出口下降擴大

 華盛頓(路透)- 在出口下降之際,美國5月商品貿易逆差擴大,但進口流入的減少可能使貿易在第二季對國內生產毛額(GDP)做出重大貢獻。

美國商務部的人口普查局週四表示,上月商品貿易逆差额擴大11.1%,至966億美元。商品出口下降97億美元,至1,792億美元。商品進口基本持平,為2,758億美元。

在特朗普總統全面關稅生效前,企業爭相進口商品,導致進口激增,導致第一季商品貿易逆差創下歷史新高,這在很大程度上導致了同期GDP年化率下降0.5%

亞特蘭大聯邦儲備銀行預測本季GDP成長率將達3.4%。鑑於進口的波動,經濟學家警告稱,不應將GDP預期的反彈解讀為經濟強勁的跡象。

零售銷售、房地產和勞動力市場數據表明,經濟活動正在放緩。

So,  businesses had rushed to bring in goods before Trump's sweeping tariffs came into effect and boosted the goods trade deficit to a record high in the first quarter. Apparently, the tariffs are impacting the trade figures and causing them to fluctuate.

Note:

The United States Census Bureau (美國人口普查局), officially the Bureau of the Census, is a principal agency of the U.S. federal statistical system, responsible for producing data about the American people and economy. The U.S. Census Bureau is part of the U.S. Department of Commerce. (Wikipedia)

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