Daily Update (Source: RBC Financial Group
US new “advance” report shows goods trade deficit widened in June
Jul 30, 2015
- The US Census Bureau introduced a new release, Advance Report: US International Trade in Goods, which will be published ahead of the regular report on US International Trade in Goods and Services (next release on August 5, 2015).
- Today’s release covers trade in goods on a Census basis, while the full report will also include trade in services as well as converting the goods trade to a balance of payments basis. The “advance” trade data for June 2015 will be subject to revision in the full release next week.
- The Census Bureau also released historical “advance” estimates dating back to January 2013. Comparing these estimates of the trade balance with the “final” estimates, the “advance” estimate tended to
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