The U.S. trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in merchandise exports.

The U.S. trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and stepped-up efforts to ensure adequate supply ahead of a potential dockworkers strike.

The U.S. trade deficit widened in May to the largest since 2022 as a decline in exports of merchandise exceeded a drop in imports.

U.S. factory activity unexpectedly expanded in March for the first time since September 2022 on a sharp rebound in production and stronger demand, while input costs climbed.

New orders placed with U.S. factories for durable goods rose in February for the first time in three months, suggesting firms are somewhat optimistic about the direction of the economy.

U.S. manufacturing activity expanded by the most since mid-2022 as production and factory employment growth accelerated along with measures of inflation.

A measure of U.S. factory activity climbed to a 15-month high in January, fueled by the strongest orders growth since May 2022 and suggesting manufacturing is starting to stabilize.

A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.

President Donald Trump called on Congress to provide $2 trillion for U.S. infrastructure, seizing on the coronavirus outbreak to try once again to advance one of his longest-standing priorities.

Bloomberg hasn't yet said how he'll fund the plan, but the campaign said those details will be part of his forthcoming tax plan.