WASHINGTON, June 24 (Reuters) - The U.S. current ⁠account ⁠deficit widened more ⁠than expected in the first quarter amid a shortfall on the primary income balance, government data showed on Wednesday.
The U.S. trade deficit widened sharply in May as imports of capital goods surged to a record high, suggesting that trade remained a drag on gross domestic product in the second quarter.
The US merchandise-trade deficit widened in May to the biggest in more than a year as exports pulled back from record levels and imports continued a steady march higher. The shortfall in goods trade ...