Dr. Peter Morici: US Trade Deficit remains stifling in May; Deepens Recession; Threatens long term growth
Jul 11th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Today, the US Commerce Department reported the May deficit on trade in goods and services was $59.8 billion. This was not much changed from the April deficit of $60.5 billion in April.