| Metrics 2.0» Economic Indicators» Foreign Trade: |
Continue reading... "US Economic Indicators: Trade Deficit Declines 1%; Wholesale Trade Jumps 1%" »
Continue reading... "U.S. Current Account Trade Deficit Hits Another Record" »
|
October 2006 |
The U.S. trade deficit of goods and services narrowed to $58.9 billion in October 2006 from $64.3 billion in September, according to the U.S. Bureau of Economic Analysis. This is the lowest level in 14 months, driven by lower crude oil prices. The 8.4% drop from September was the biggest monthly decline since December 2001. |
Continue reading... "U.S. Trade Deficit Falls to Lowest Level in 14 Months" »
China's total trade surplus is expected to yet another record $150 billion this
year, nearly 50% above the 2005 level, according to Commerce Ministry
figures released on Friday. Exports this year are expected to total
$960 billion, with imports rising to $810 billion, according to the official Xinhua News Agency.
Continue reading... "China Projects Trade Surplus to Hit $150B; Forex Reserves to Top $1 trillion" »
The
U.S. international trade deficit in goods and services narrowed to
$64.3 billion in September 2006, $4.7 billion less than the $69.0 billion
in August, according
to the U.S. Bureau of Economic Analysis. Total September exports were
$123.2 billion and imports were $187.5 billion. The drop of $4.7 billion
in September was the biggest one-month decline since February 2001.
In September 2006, the goods and services deficit was down $0.7 billion from September 2005. Exports were up $16.8 billion, or 15.8%, and imports were up $16.2 billion, or 9.4% from 2005.
The
U.S. deficit in international trade of goods and services climbed 2.7% to a
record $69.86 billion in August, according to the Commerce Department.
In August, the goods and services deficit was up $11.1 billion from August
2005. Exports were up $14.4 billion, or 13.4%, and imports were up $25.5
billion, or 15.3% from year ago period.
U.S. exports rose 2.3% to a record $122.42 billion in August, on strong sales of American-made aircraft, foods, and consumer goods. Growth of U.S. imports outpaced exports, rising 2.4% in August to $192.28 billion.
Continue reading... "U.S. Trade Deficit Hits Record in August; U.S. Budget Deficit Trimmed" »

Continue reading... "U.S. Current Account Deficit Climbs to $218 billion, 2nd Highest Ever" »
The
U.S. trade deficit hit a record $68 billion in July, surpassing the old
monthly record of $66.6 billion set last October, according to the Commerce
Department. High oil prices in July pushed US foreign oil bill to the
highest level in history. The July deficit jumped 5% from the June
imbalance of $64.8 billion (revised).
The July trade deficit was higher than Wall Street expected. The median estimate of 22 economists surveyed by Dow Jones Newswires was a deficit of $65.50 billion. (WSJ)
Continue reading... "U.S. Trade Deficit Hits Highest Level in History to $68 Billion in July" »
|
|
The U.S. net international investment
position at yearend 2005 was -$2,693.8 billion with direct investment
valued at current cost, as the value of foreign investments in the United
States exceeded the value of U.S. investments abroad. At yearend 2004, the
U.S. net international investment position was -$2,360.8 billion.
The -$333.0 billion change in the net investment position from 2004 was largely due to record private net foreign purchases of U.S. securities and to depreciation of most major foreign currencies against the U.S. dollar, which lowered the dollar value of U.S.-owned assets abroad. The price appreciation of U.S.-held foreign stocks surpassed by a large amount price appreciation of foreign-held U.S. stocks. U.S. official reserve assets decreased $1.5 billion to $188.0 billion. |
Continue reading... "US net debt to the rest of the world increased to a record $2.69 trillion" »