U.S. Trade Deficit Declines In January

U.S. Census Bureau Press Release:

“total January exports of $142.7 billion and imports of $180.0 billion resulted in a goods and services deficit of $37.3 billion, down from $39.9 billion in December, revised.”

Imports and Exports have been on the rise. However still below previous recession levels. The bulk of the trade deficit is a result of China and oil.

The graph from CalculatedRiskBlog.com shows the monthly U.S. exports and imports in dollars through January 2010.

Share on Facebook

Tags: economic progress, international market

This entry was posted on March 12, 2010 at March 12, 2010 and is filed under International Markets. You can follow any responses to this entry through the RSS 2.0 feed.