From the Department of Commerce
The U.S. Census Bureau and the U.S. Bureau of Economic
Analysis announced today that the goods and services deficit was
$55.5 billion in October, up $0.9 billion from $54.6 billion in
October exports were $211.0 billion, $0.3 billion less than
September exports. October imports were $266.5 billion, $0.6
billion more than September imports.
Exports decreased and imports increased in October.
Exports are 28% above the pre-recession peak and up 6% compared to
October 2017; imports are 15% above the pre-recession peak, and up
9% compared to October 2017.
In general, trade has been picking up.
The second graph shows the U.S. trade deficit, with and without
Oil imports averaged $61.23 in October, down from $61.35 in
September, and up from $47.27 in October 2017.
The trade deficit with China increased to $43.1 billion in October,
from $35.2 billion in October 2017.
Source: FS – All – Real Estate News 2
Trade Deficit increased to .5 Billion in October