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US goods and services trade defecit widens in March

Tue, 05th May 2026 14:28

(Sharecast News) - The US goods and services deficit widened to $60.3bn in March, up from a revised $57.8bn in February, according to the Bureau of Economic Analysis.

The increase reflected a $4.1bn rise in the goods deficit to $88.7bn, partly offset by a $1.6bn improvement in the services surplus to $28.4bn.

Exports climbed to $320.9bn in March, $6.2bn higher than in February, while imports rose by $8.7bn to $381.2bn.

Year‑to‑date, the deficit narrowed by $211.2bn, compared with the same period in 2025.

Exports were up 12%, while imports fell 9.1%.

Reporting by Iain Gilbert at Sharecast.com

Economic News

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