Trade balance worsened in October.
Total October exports of $180.5 billion and imports of $222.8 billion resulted in a goods and services deficit of $42.2 billion, up from $40.3 billion in September, revised. October exports were $6.8 billion less than September exports of $187.3 billion. October imports were $4.9 billion less than September imports of $227.6 billion. In October, the goods deficit increased $1.8 billion from September to $59.2 billion, and the services surplus decreased $0.1 billion from September to $16.9 billion. Exports of goods decreased $6.5 billion to $127.5 billion, and imports of goods decreased $4.6 billion to $186.6 billion. Exports of services decreased $0.3 billion to $53.0 billion, and imports of services decreased $0.2 billion to $36.1 billion. The goods and services deficit decreased $3.5 billion from October 2011 to October 2012. Exports were up $1.8 billion, or 1.0 percent, and imports were down $1.7 billion, or 0.8 percent.” Source: USDOC-BEA |
11 December 2012
• U.S. International Trade In Goods and Services - October 2012
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