US Trade Deficit Increases by $44.2 Billion in August

US Trade Deficit Increases by $44.2 Billion in August

by admin@oilprice.com (Editorial Dept)

The Department of Commerce reported: Total August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July, revised. August exports were $1.9 billion less than July exports of $183.2 billion. August imports were $0.2 billion less than July imports of $225.7 billion.June was revised from $42.0 billion. The trade deficit was larger than the consensus forecast of $44.0 billion.The first graph shows the monthly U.S. exports and imports in dollars through July 2012.Click…Read more...http://oilprice.com/Latest-Energy-News/World-News/US-Trade-Deficit-Increases-by-44.2-Billion-in-August.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+oilpricecom+%28Oil+Price.com+Daily+News+Update%29&utm_content=Google+Reader