The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total October exports of $123.6 billion and imports of $182.5 billion resulted in a goods and services deficit of $58.9 billion, $5.4 billion less than the $64.3 billion in September, revised.
October exports were $0.3 billion more than September exports of $123.4 billion. October imports were $5.1 billion less than September imports of $187.6 billion.
In October, the goods deficit decreased $5.2 billion from September to $65.1 billion, and the services surplus increased $0.2 billion to $6.2 billion. Exports of goods decreased $0.1 billion to $88.5 billion, and imports of goods decreased $5.3 billion to $153.6 billion.
Exports of services increased $0.4 billion to $35.2 billion, and imports of services increased $0.2 billion to $28.9 billion.
In October, the goods and services deficit was down $7.7 billion from October 2005. Exports were up $15.0 billion, or 13.8 percent, and imports were up $7.3 billion, or 4.2 percent.
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