Thursday, May 10, 2012
[IWS] BEA: U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES March 2012 [10 May 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 March 2012 [10 May 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 March exports of $186.8 billion and imports of $238.6 billion resulted
in a goods and services deficit of $51.8 billion, up from $45.4 billion in February, revised.
March exports were $5.3 billion more than February exports of $181.5 billion. March imports
were $11.7 billion more than February imports of $226.9 billion.
In March, the goods deficit increased $6.5 billion from February to $67.6 billion, and the services
surplus increased $0.1 billion from February to $15.8 billion. Exports of goods increased $4.7
billion to $132.7 billion, and imports of goods increased $11.3 billion to $200.3 billion. Exports
of services increased $0.5 billion to $54.1 billion, and imports of services increased $0.4 billion
to $38.3 billion.
The goods and services deficit increased $5.8 billion from March 2011 to March 2012. Exports were
up $12.8 billion, or 7.3 percent, and imports were up $18.5 billion, or 8.4 percent.
AND MUCH MORE...including 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.