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U.S. trade deficit falls again. Declining imports may be a warning sign.

Por: MarketWatch Politics August 08, 2023

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The deficit has fallen by more than one-third since hitting a record high in the spring of 2022. While lower deficits are a positive for gross domestic product, they can also be a sign of a weakening U.S. or global economy. Key details: Imports slid 1% to $253 billion in June, marking the third decline in a row. The U.S. imported fewer computers, industrial supplies and oil. U.S. imports of goods have tumbled 13% from a record high in March... + full article



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