U.S. Economic News

May 4, 2021

U.S. Economic Indicators

The U.S. trade deficit widened from $70.5 billion (revised) in February to $74.4 billion in March. The goods deficit increased by $3.6 billion, while the services surplus decreased by $0.3 billion. Census Bureau Report

New factory orders for manufactured goods increased 1.1% in March following a 0.5% (revised) decrease in February. New orders excluding transportation rose 1.7%, while new orders for nondefense capital goods excluding aircraft rose 1.2%. Census Bureau Report