http://www.fxstreet.com/fundamental/economic-indicators/us-another-big-improvement-in-trade-deficit-in-may/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-indicators/us-another-big-improvement-in-trade-deficit-in-may/2009-07-10.htmlThe sharp downturn in exports is showing some signs of abating, but the collapse in import volumes continue. Real net exports likely will make another large positive contribution to GDP growth in the second quarter. Strong Exports + Weak Imports = Smaller Deficit The $2.2 billion rise in exports in May was driven primarily by industrial supplies and materials, which may not be sustainable given economic weakness in many of our trading partners. The value of imports slid about $500 million inFri, 10 Jul 2009 15:24:20 GMThttp://www.fxstreet.com/fundamental/economic-indicators/sam.bullard@wachovia.com (Wachovia)http://www.fxstreet.com/fundamental/economic-indicators/us-another-big-improvement-in-trade-deficit-in-may/2009-07-10.html