Thursday, April 12, 2012
[IWS] BEA: U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES February 2012 [12 April 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 February 2012 [12 April 2012]
[full-text, 50 pages]
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 February exports of $181.2 billion and imports of $227.2
billion resulted in a goods and services deficit of $46.0 billion, down from $52.5 billion in
January, revised. February exports were $0.2 billion more than January exports of $180.9 billion.
February imports were $6.3 billion less than January imports of $233.4 billion.
In February, the goods deficit decreased $6.0 billion from January to $61.4 billion, and the
services surplus increased $0.5 billion from January to $15.4 billion. Exports of goods decreased
$0.6 billion to $128.0 billion, and imports of goods decreased $6.5 billion to $189.4 billion.
Exports of services increased $0.8 billion to $53.2 billion, and imports of services increased
$0.2 billion to $37.8 billion.
The goods and services deficit increased $0.6 billion from February 2011 to February 2012.
Exports were up $15.4 billion, or 9.3 percent, and imports were up $16.1 billion, or 7.6 percent.
AND MUCH MORE...including TABLES....
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