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2017-06-05 14:35:00

U.S. DEFICIT $47.6 BLN

U.S. DEFICIT $47.6 BLN

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 $47.6 billion in April, up $2.3 billion from $45.3 billion in March, revised. April exports were $191.0 billion, $0.5 billion less than March exports. April imports were $238.6 billion, $1.9 billion more than March imports. 

The April increase in the goods and services deficit reflected an increase in the goods deficit of $2.3 billion to $68.4 billion and a decrease in the services surplus of less than $0.1 billion to $20.8 billion.

Year-to-date, the goods and services deficit increased $22.1 billion, or 13.4 percent, from the same period in 2016. Exports increased $44.3 billion or 6.1 percent. Imports increased $66.4 billion or 7.5 percent.

Goods and Services Three-Month Moving Averages

The average goods and services deficit decreased $0.4 billion to $45.9 billion for the three months ending in April.

* Average exports of goods and services decreased $0.2 billion to $191.4 billion in April. 

* Average imports of goods and services decreased $0.6 billion to $237.3 billion in April. 

Year-over-year, the average goods and services deficit increased $5.6 billion from the three months ending in April 2016. 

* Average exports of goods and services increased $10.5 billion from April 2016. 

* Average imports of goods and services increased $16.0 billion from April 2016. 

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Earlier: 

U.S. DEFICIT $43.7 BLN 

U.S. DEFICIT $43.6 BLN 

U.S. DEFICIT $48.5 BLN 

U.S. DEFICIT $44.3 BLN 

U.S. DEFICIT: $45.2 BLN 

U.S. DEFICIT: $113 BLN 

U.S. DEFICIT: $42.6 BLN

 

 

Tags: USA, ECONOMY, TRADE

Chronicle:

U.S. DEFICIT $47.6 BLN
2018, April, 25, 09:50:00

UZBEKISTAN WILL JOIN TO $8 BLN

REUTERS - Uzbekistan plans to join an $8 billion project to build a natural gas pipeline from Turkmenistan to India, Uzbek President Shavkat Mirziyoyev said on Monday, although it was unclear whether Tashkent might eventually ship gas through it.

U.S. DEFICIT $47.6 BLN
2018, April, 25, 09:45:00

EGYPT NEED INVESTMENT $10 BLN

REUTERS - Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year that begins in July, Petroleum Minister Tarek El Molla said

U.S. DEFICIT $47.6 BLN
2018, April, 25, 09:40:00

BP - ROSNEFT STRONG PARTNERSHIP

REUTERS - BP (BP.L) has a “very strong” partnership with Russian oil giant Rosneft (ROSN.MM) but will steer away from politics, Chief Executive Officer Bob Dudley said on Tuesday, as Moscow could face new western sanctions.

U.S. DEFICIT $47.6 BLN
2018, April, 25, 09:35:00

SHELL SELLS ARGENTINA $0.95 BLN

SHELL - Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for US$0.95 billion in cash proceeds at completion, subject to customary closing conditions. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country. Additionally, after the transaction closes, the businesses acquired by Raízen will continue their relationships with Shell through various commercial agreements, which represent an estimated value of US$0.3 billion.

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