RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2016-02-09 18:55:00

U.S. DEFICIT UP TO $43.4 BLN

U.S. DEFICIT UP TO $43.4 BLN

 

USA TRADE DEFICIT 1998 - 2017

 

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 $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. December exports were $181.5 billion, $0.5 billion less than November exports. December imports were $224.9 billion, up $0.6 billion from November.

The December increase in the goods and services deficit reflected an increase in the goods deficit of $1.3 billion to $62.5 billion and an increase in the services surplus of $0.1 billion to $19.2 billion.

For 2015, the goods and services deficit was $531.5 billion, up $23.2 billion or 4.6 percent from 2014. Exports were $2,230.3 billion, down $112.9 billion or 4.8 percent. Imports were $2,761.8 billion, down $89.7 billion or 3.1 percent.

The average goods and services deficit increased $0.3 billion to $43.4 billion for the three months ending in December.

* Average exports of goods and services decreased $1.7 billion to $182.4 billion in December.

* Average imports of goods and services decreased $1.5 billion to $225.8 billion in December.

Year-over-year, the average goods and services deficit increased $0.6 billion from the three months ending in December 2014.

* Average exports of goods and services decreased $13.9 billion from December 2014.

* Average imports of goods and services decreased $13.3 billion from December 2014.

Exports of goods decreased $0.8 billion to $121.2 billion in December. Exports of goods on a Census basis decreased $0.9 billion.

* Automotive vehicles, parts, and engines decreased $0.6 billion.

* Industrial supplies and materials decreased $0.4 billion.

Other petroleum products decreased $0.5 billion.

* Foods, feeds, and beverages decreased $0.4 billion.

Soybeans decreased $0.2 billion.

Net balance of payments adjustments increased $0.1 billion.

Exports of services increased $0.3 billion to $60.3 billion in December.

* Financial services increased $0.2 billion.

* Other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services, increased $0.1 billion.

Imports of goods increased $0.5 billion to $183.7 billion in December.

Imports of goods on a Census basis increased $0.6 billion.

* Automotive vehicles, parts, and engines increased $1.0 billion.

* Industrial supplies and materials increased $0.5 billion.

Nonmonetary gold increased $0.3 billion.

Crude oil increased $0.2 billion.

Net balance of payments adjustments decreased $0.1 billion.

Imports of services increased $0.1 billion to $41.2 billion in December.

* Travel (for all purposes including education) increased $0.1 billion.

* Other business services increased $0.1 billion.

Real Goods in 2009 Dollars – Census Basis

The real goods deficit increased $1.0 billion to $60.3 billion in December.

* Real exports of goods increased $0.3 billion to $118.5 billion.

* Real imports of goods increased $1.3 billion to $178.7 billion.

ANNUAL SUMMARY FOR 2015  

For 2015, the goods and services deficit was $531.5 billion, up $23.2 billion from $508.3 billion in 2014. Exports were $2,230.3 billion in 2015, down $112.9 billion from 2014. Imports were $2,761.8 billion in 2015, down $89.7 billion from 2014. 

The 2015 increase in the goods and services deficit reflected an increase in the goods deficit of $17.5 billion or 2.4 percent to $758.9 billion and a decrease in the services surplus of $5.7 billion or 2.4 percent to $227.4 billion. 

As a percentage of U.S. gross domestic product, the goods and services deficit was 3.0 percent in 2015, up from 2.9 percent in 2014.

bea.gov

-----

More: 

OBAMA WANT MONEY 

U.S. OIL & GAS JOBS DOWN 100,000 

CUTTING JOBS & INVESTMENTS  

U.S. GDP UP 0.7% 

U.S. OIL & GAS SHOCK

 

 

Tags: USA, PETROLEUM, OIL, DEFICIT