US International Trade in goods and services Aug 2006
13 Oct '06
1 min read
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total August exports of $122.4 billion and imports of $192.3 billion resulted in a goods and services deficit of $69.9 billion, $1.9 billion more than the $68.0 billion in July, revised.
August exports were $2.7 billion more than July exports of $119.7 billion. August imports were $4.6 billion more than July imports of $187.7 billion.
In August, the goods deficit increased $2.1 billion from July to $75.5 billion, and the services surplus increased $0.2 billion to $5.7 billion.
Exports of goods increased $2.5 billion to $88.0 billion, and imports of goods increased $4.6 billion to $163.5 billion. Exports of services increased $0.2 billion to $34.4 billion, and imports of services decreased $0.1 billion to $28.8 billion.
In August, the goods and services deficit was up $11.1 billion from August 2005. Exports were up $14.4 billion, or 13.4 percent, and imports were up $25.5 billion, or 15.3 percent.