The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total July exports of $137.7 billion and imports of $196.9 billion resulted in a goods and services deficit of $59.2 billion, $0.2 billion less than the $59.4 billion in June, revised.
July exports were $3.6 billion more than June exports of $134.1 billion. July imports were $3.4 billion more than June imports of $193.5 billion.
In July, the goods deficit decreased $0.3 billion from June to $68.1 billion, and the services surplus decreased $0.1 billion to $8.9 billion. Exports of goods increased $3.5 billion to $98.4 billion, and imports of goods increased $3.2 billion to $166.6 billion. Exports of services increased $0.1 billion to $39.2 billion, and imports of services increased $0.2 billion to $30.4 billion.
In July, the goods and services deficit was down $8.3 billion from July 2006. Exports were up $17.8 billion, or 14.8 percent, and imports were up $9.5 billion, or 5.1 percent.
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Bureau of Economic Analysis
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