Possibility of sky is the limit.
Goods and Services
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of
Commerce, announced today that total May exports of $195.5 billion and imports of $239.8
billion resulted in a goods and services deficit of $44.4 billion, down from $47.0 billion in
April, revised. May exports were $2.0 billion more than April exports of $193.5 billion. May
imports were $0.7 billion less than April imports of $240.5 billion.
PERSONAL INCOME AND OUTLAYS, MAY 2014
Personal income increased $58.8 billion, or 0.4 percent, and disposable personal income (DPI) increased $55.6 billion,
or 0.4 percent, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased
$18.3 billion, or 0.2 percent. In April, personal income increased $49.9 billion, or 0.3 percent, DPI increased
$50.8 billion, or 0.4 percent, and PCE increased $2.3 billion, or less than 0.1 percent, based on revised estimates.
Real DPI increased 0.2 percent in May, the same increase as in April. Real PCE decreased 0.1 percent in May,
compared with a decrease of 0.2 percent in April. |
