U.S. Trade Deficit Widens in August


The United States' August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July, revised.

August exports were $1.9 billion less than July exports of $183.2 billion.  August imports were $0.2 billion less than July imports of $225.7 billion.

In August, the goods deficit increased $1.5 billion from July to $59.3 billion, and the services surplus decreased $0.3 billion from July to $15.1 billion.  Exports of goods decreased $2.1 billion to $128.5 billion, and imports of goods decreased $0.7 billion to $187.8 billion. Exports of services increased $0.2 billion to $52.8 billion, and imports of services increased $0.5 billion to $37.7 billion.

The goods and services deficit decreased $0.6 billion from August 2011 to August 2012.  Exports were up $2.9 billion, or 1.6 percent, and imports were up $2.3 billion, or 1.0 percent.


TradingEconomics.com, BEA
10/11/2012 1:42:23 PM