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2016-11-07 18:50:00

U.S. DEFICIT $36.4 BLN

U.S. DEFICIT $36.4 BLN

According to BEA, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $36.4 billion in September, down $4.0 billion from $40.5 billion in August, revised. September exports were $189.2 billion, $1.0 billion more than August exports. September imports were $225.6 billion, $3.0 billion less than August imports. 

The September decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.6 billion to $57.5 billion and an increase in the services surplus of $1.4 billion to $21.1 billion. 

Year-to-date, the goods and services deficit decreased $9.2 billion, or 2.5 percent, from the same period in 2015. Exports decreased $60.5 billion or 3.5 percent. Imports decreased $69.7 billion or 3.3 percent. 

The average goods and services deficit decreased $2.7 billion to $38.8 billion for the three months ending in September. 

* Average exports of goods and services increased $2.1 billion to $187.9 billion in September. 

* Average imports of goods and services decreased $0.6 billion to $226.7 billion in September. 

The September figures show surpluses, in billions of dollars, with Hong Kong ($2.5), South and Central America ($1.8), United Kingdom ($0.9), Singapore ($0.7), and Brazil ($0.3).

Deficits were recorded, in billions of dollars, with China ($26.9), European Union ($11.7), Japan ($5.4), Germany ($5.3), Mexico ($4.8), Italy ($2.8), India ($2.2), South Korea ($1.4), OPEC ($1.2), France ($0.8), Taiwan ($0.5), Canada ($0.4), and Saudi Arabia ($0.1).

* The deficit with China decreased $2.2 billion to $26.9 billion in September. Exports increased $0.2 billion to $10.2 billion and imports decreased $2.1 billion to $37.1 billion.

* The deficit with France decreased $1.2 billion to $0.8 billion in September. Exports increased $0.6 billion to $2.9 billion and imports decreased $0.6 billion to $3.7 billion. 

* The balance with Saudi Arabia shifted from a surplus of $0.8 billion in August to a deficit of $0.1 billion in September. Exports decreased $1.0 billion to $1.5 billion and imports decreased $0.1 billion to $1.6 billion.

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Earlier: 

U.S. OIL WILL DOWN 800 TBD 

AMERICA'S HEALTH PRICE: $50 

БЕССМЫСЛЕННЫЕ США 

U.S. OIL PRODUCTION DOWN 30 TBD 

U.S. DEFICIT UP TO $40.7 BLN

 

 

 

Tags: USA, ECONOMY, TRADE, DEFICIT

Chronicle:

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CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

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LIBYA'S OIL DOWN 160 TBD

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BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

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NIGERIA'S GDP UP 2%

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