Friday, March 09, 2012
[IWS] BEA: U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES January 2012 & 2011 ANNUAL HIGHLIGHT [9 March 2012]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES January 2012 [9 March 2012]
[full-text, 50 pages]
2011 ANNUAL HIGHLIGHTS--
2011 TRADE GAP IS $560.0 BILLION [9 March 2012]
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 January exports of $180.8 billion and imports of
$233.4 billion resulted in a goods and services deficit of $52.6 billion, up from $50.4
billion in December, revised. January exports were $2.6 billion more than December exports of
$178.2 billion. January imports were $4.7 billion more than December imports of $228.7 billion.
In January, the goods deficit increased $2.4 billion from December to $67.5 billion, and the
services surplus increased $0.3 billion from December to $14.9 billion. Exports of goods
increased $1.9 billion to $128.6 billion, and imports of goods increased $4.3 billion to $196.1
billion. Exports of services increased $0.7 billion to $52.2 billion, and imports of services
increased $0.4 billion to $37.3 billion.
The goods and services deficit increased $5.0 billion from January 2011 to January 2012. Exports
were up $12.9 billion, or 7.7 percent, and imports were up $18.0 billion, or 8.4 percent.
AND MUCH MORE...including TABLES....
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