US Export Sank and Good Exports Plummeted 5.8% in May

26 June 2020

News

U.S. Exports Sank to the lowest in more than a decade while imports dropped as the coronavirus continuous to curtail demand for goods and upset producer supply chains. Goods Exports Plummeted 5.8% in May From the Prior Month to $ 90.1 Billion, The Lowest since August 2009, according to Commerce Department Data Released Thursday. Imports Decreased 1.2% to $ 164.4 billion. (Bloomberg) JOBLESS CLAIMS TOTED 1.48 Million last week as Unemployment related to the Coronavirus Pandemic Remaned Stubbornly High, Though Though Though Though Receiving Benefits Fell Below 20 Million for the First Time in Twon Months, the government reported after after. Economists Surveyed by Dow Jones Had Expecting 1.35 Million Claims. (CNBC) Source: Danareksa Sekuritas Debt Researchphoto by Nikola Stojanovic on Unsplash