Research >> Economics
Goods and Services Deficit Increases in October 2008
The Nation's international deficit in goods and services increased to $57.2 billion in October from $56.6 billion (revised) in September, as exports decreased more than imports.
Goods and Services
Exports decreased to $151.7 billion in October from $155.1 billion in September. Goods were $104.8 billion in October, down from $107.8 billion in September, and services were $46.9 billion in October, down from $47.3 billion in September.
Imports decreased to $208.9 billion in October from $211.6 billion in September. Goods were $174.6 billion in October, down from $177.4 billion in September, and services were virtually unchanged at $34.3 billion.
For goods, the deficit was $69.8 billion in October, up from $69.5 billion in September. For services, the surplus was $12.6 billion in October, down from $13.0 billion in September.
Posted: December 11, 2008 Thursday 08:32 AM