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2017-03-10 18:40:00

U.S. DEFICIT $48.5 BLN

U.S. DEFICIT $48.5 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 $48.5 billion in January, up $4.2 billion from $44.3 billion in December, revised. January exports were $192.1 billion, $1.1 billion more than December exports. January imports were $240.6 billion, $5.3 billion more than December imports.

The January increase in the goods and services deficit reflected an increase in the goods deficit of $4.0 billion to $69.7 billion and a decrease in the services surplus of $0.3 billion to $21.2 billion.

Year-over-year, the goods and services deficit increased $5.1 billion, or 11.8 percent, from January 2016. Exports increased $13.3 billion or 7.4 percent. Imports increased $18.4 billion or 8.3 percent.

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Earlier: 

U.S. GDP UP 1.9% 

U.S. DEFICIT $44.3 BLN 

U.S. SECURITIES UP $23.7 BLN 

U.S. DEFICIT: $45.2 BLN 

U.S. DEFICIT: $113 BLN

 

 

 

Tags: OIL, GAS, PRICES, BRENT, WTI