international trade

December Trade Deficit Up 5.3% on Higher Imports of Cellphones, Drugs and Cars

The Commerce Department report on our international trade in goods and services for December indicated that our seasonally adjusted goods and services trade deficit rose by $2.7 billion to $53.1 billion in December from a revised November deficit of $50.4 billion.

Trade Deficit Increases $1.2 Billion in May, Shows Slight Real Decrease From 1st Quarter

Our trade deficit increased by 2.9% in May as the value of both exports and imports decreased but our exports fell by a greater amount.  The Census report on our international trade in goods and services for May indicated that our seasonally adjusted goods and services trade deficit rose by $1.2 billion to $41.9 billion in May from an April deficit which was revised from $40.9 billion to $40.7 billion.