U.S. DEFICIT $43.6 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 $43.6 billion in June, down $2.7 billion from $46.4 billion in May, revised. June exports were $194.4 billion, $2.4 billion more than May exports. June imports were $238.0 billion, $0.4 billion less than May imports.
The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.1 billion to $65.2 billion and an increase in the services surplus of $0.6 billion to $21.6 billion.
Year-to-date, the goods and services deficit increased $26.7 billion, or 10.7 percent, from the same period in 2016. Exports increased $64.9 billion or 6.0 percent. Imports increased $91.7 billion or 6.9 percent.
The average goods and services deficit decreased $0.5 billion to $45.9 billion for the three months ending in June.
* Average exports of goods and services increased $1.0 billion to $192.5 billion in June.
* Average imports of goods and services increased $0.4 billion to $238.4 billion in June.
Year-over-year, the average goods and services deficit increased $4.6 billion from the three months ending in June 2016.
* Average exports of goods and services increased $9.9 billion from June 2016.
* Average imports of goods and services increased $14.5 billion from June 2016.
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