Thursday, December 11, 2008

[IWS] BEA: U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES October 2008 [11 December 2008]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES  October 2008 [11 December 2008]
http://www.bea.gov/newsreleases/international/trade/2008/trad1008.htm
or
http://www.bea.gov/newsreleases/international/trade/2008/pdf/trad1008.pdf
[full-text, 47 pages]
or
http://www.bea.gov/newsreleases/international/trade/2008/xls/trad_time_series_1008.xls
[spreadsheet]
and
Highlights
http://www.bea.gov/newsreleases/international/trade/2008/pdf/trad1008_fax.pdf

Goods and Services

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department
of Commerce, announced today that total October exports of $151.7 billion and imports
of $208.9 billion resulted in a goods and services deficit of $57.2 billion, up from
$56.6 billion in September, revised.  October exports were $3.4 billion less than
September exports of $155.1 billion.  October imports were $2.7 billion less than
September imports of $211.6 billion.

In October, the goods deficit decreased $0.3 billion from September to $69.8 billion,
and the services surplus decreased $0.4 billion to $12.6 billion.  Exports of goods
decreased $3.0 billion to $104.8 billion, and imports of goods decreased $2.7 billion
to $174.6 billion.  Exports of services decreased $0.3 billion to $46.9 billion, and
imports of services were virtually unchanged at $34.3 billion.

In October 2008, the goods and services deficit increased $0.9 billion from October 2007.
Exports were up $7.6 billion, or 5.3 percent, and imports were up $8.5 billion, or 4.2
percent.


AND MUCH MORE...including CHARTS & TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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