Trade Deficit increased to $55.5 Billion in October

From the Department of Commerce
reported
:

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
September, revised.

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.

U.S. Trade Exports Imports
Click on graph for larger image.

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
petroleum.

U.S. Trade Deficit The blue line is the total deficit, and the black line is the
petroleum deficit, and the red line is the trade deficit
ex-petroleum products.

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