U.S. International Trade in Goods and Services, August 2024
WEB2 days ago · Exports increased $79.0 billion or 3.9 percent. Imports increased $126.1 billion or 4.9 percent. Three-Month Moving Averages (exhibit 2) The average goods and services deficit decreased $1.6 billion to $74.1 billion for the three months ending in August. Average exports increased $3.7 billion to $267.8 billion in August.
US Trade Deficit Narrows in August on Services Surplus
WEB2 days ago · The gap in goods and services trade shrank 10.8% from the prior month to $70.4 billion, Commerce Department data showed Tuesday. The $8.5 billion narrowing in August was the largest since March 2023.
Smaller US Trade Deficit Supports Strong Economic Growth ... - U.S. News
WEB2 days ago · Economists polled by Reuters had forecast the trade deficit would narrow to $70.6 billion from the previously reported $78.8 billion in July. Exports increased 2.0% to a record $271.8 billion ...
US Trade Deficit Widens to $78.8 Billion, Largest in Two Years
WEBSep 4, 2024 · The US merchandise-trade deficit with China increased to $27.2 billion, the largest since September 2022. The value of goods imported from China jumped 11.3% to the highest since October 2022....
US trade deficit shrinks in November on falling imports
WEBWASHINGTON, Jan 9 (Reuters) - The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a one-year low amid slowing domestic demand, a trend that, if it...
2023 Trade Gap is $773.4 Billion - Bureau of Economic Analysis
WEBFeb 7, 2024 · The U.S. goods and services trade deficit decreased from $951.2 billion in 2022 to $773.4 billion in 2023, as exports increased and imports decreased. The goods deficit decreased $121.3 billion to $1,061.7 billion, and the services surplus increased $56.4 billion to $288.2 billion.
The U.S. trade deficit soared to a record last year.
WEBFeb 8, 2022 · The U.S. trade deficit in goods soared to record levels in 2021, topping $1 trillion as Americans continued to spend heavily on computers, toys, bicycles, clothing, pharmaceuticals and other...
U.S. Trade Deficit Surged in 2022 - The New York Times
WEBFeb 7, 2023 · WASHINGTON — The overall U.S. trade deficit rose 12.2 percent last year, nearing $1 trillion as Americans purchased large volumes of foreign machinery, medicines, industrial supplies and car...
2022 Trade Gap is $945.3 Billion - Bureau of Economic Analysis
WEBMar 8, 2023 · The U.S. international trade deficit increased from $845.0 billion in 2021 to $945.3 billion in 2022 (revised), as imports increased more than exports. The goods deficit increased $100.7 billion to $1.19 trillion, and the services surplus increased $0.5 billion to …
U.S. trade gap widens in December; deficit highest on record in …
WEBWASHINGTON, Feb 7 (Reuters) - The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month...