The trade deficit in the United States reached an all-time high

The negative trade balance of the United States in June increased by $4.8 billion compared with the previous month, which the highest figure in the history of observation. The rate rate of growth of 6.7%; thus, it reached $75.7 The statistics were compiled by the Bureau of Economic Analysis of the nation's Department of Commerce. The results fell short of analysts' expectations, which had been projected to grow by $2.9 billion, according to the Bureau of Economic Analysis. by $2.9 billion, according to the DailyFX Web resource, which conducted a survey of analysts. In May, the new estimate of the deficit was $71 billion. The merchandise foreign trade deficit in the United States increased by $4 billion month-to-month to $93.2 billion. The increase in imports was five times the increase in exports - $6 billion versus $1.2 billion. These statistics are compiled jointly by the Bureau of Economic Analysis and the Census Bureau, the calculations are made by the agencies over a two-month period.