Executive Briefings

U.S. Reports that Exports Continued to Climb in May

The U.S. Commerce Department reported Tuesday that the country's exports in May increased by 2.4 percent to $152.3bn from the previous month's level, while imports for May increased 2.9 percent over April to $194.5bn.

"Today's numbers are another promising sign that the worldwide economic rebound and a renewed focus on increasing exports continues to boost the number of U.S. goods and services sold overseas -- up almost 18 percent over the first five months of the year," said Commerce Secretary Gary Locke, in a statement.

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The U.S. Commerce Department reported Tuesday that the country's exports in May increased by 2.4 percent to $152.3bn from the previous month's level, while imports for May increased 2.9 percent over April to $194.5bn.

"Today's numbers are another promising sign that the worldwide economic rebound and a renewed focus on increasing exports continues to boost the number of U.S. goods and services sold overseas -- up almost 18 percent over the first five months of the year," said Commerce Secretary Gary Locke, in a statement.

Read Full Article