Research >> Economics
U.S. Goods and Services Deficit Decreases in August 2008
The Nation's international deficit in goods and services decreased to $59.1 billion in August from $61.3 billion (revised) in July, as imports decreased more than exports,
Goods and Services
Exports decreased to $164.7 billion in August from $168.1 billion in July. Goods were $117.6 billion in August, down from $120.8 billion in July, and services were $47.1 billion in August, down from $47.3 billion in July.
Imports decreased to $223.9 billion in August from $229.4 billion in July. Goods were $188.5 billion in August, down from $194.9 billion in July, and services were $35.3 billion in August, up from $34.4 billion in July.
For goods, the deficit was $70.9 billion in August, down from $74.1 billion in July. For services, the surplus was $11.8 billion in August, down from $12.8 billion in July.
Posted: October 16, 2008 Thursday 08:33 AM