Research >> Economics
Goods and Services Deficit Decreases in August 2009
The Nation's international trade deficit decreased to $30.7 billion in August from $31.9 billion (revised) in July, as exports increased and imports decreased.
Goods and Services
Exports increased to $128.2 billion in August from $128.0 billion in July. Goods were $86.8 billion in August, virtually unchanged from July, and services were $41.4 billion in August, up from $41.2 billion in July.
Imports decreased to $158.9 billion in August from $159.8 billion in July. Goods were $128.7 billion in August, down from $129.5 billion in July, and services were $30.2 billion in August, down from $30.3 billion in July.
For goods, the deficit was $41.9 billion in August, down from $42.8 billion in July. For services, the surplus was $11.2 billion in August, up from $10.9 billion in July.
Posted: October 9, 2009 Friday 08:30 AM