International Trade

America’s trade deficit continued growing in October 2018 according to data from the Bureau of Economic Analysis.  The most recent deficit grew to $55.5 billion from the upwardly revised count of $54.6 (originally $54.0 billion).  In the period, exports declined $300 million while imports increased $600 million, causing the shortfall to reach a 10-year high.

America’s trade deficit widened in June according to the Bureau of Economic Analysis.  Increasing to $46.3 billion, this shortfall jumped 7.3 percent in the period.  Year-to-date, our nation’s trading gap has widened $19.6 billion or 7.2 percent versus the same period in 2017.  Both sides of the ledger worsened for the U.S.

America’s fiscal shortfall improved in June 2018 according to the Treasury Department.  America’s budget deficit improved to $74.9 billion from $146.8 billion in May.  Details within the report make the improvement look even better as there were substantial outlays that are not paid every month in this iteration. 

America’s trading shortfall improved in May 2018 according to the Bureau of Economic Analysis.  Our nation’s goods and services deficit dropped $3.0 billion to $43.1 billion from April’s downwardly revised tally (originally $46.2 billion).  This improvement put the monthly trade gap at its narrowest reading since October 2016.

Atlas is a peaceful bunch.  We don’t like wars, including those revolving around trade.  But everywhere one looks it seems like nations are turning their backs to one another.  Instead of finding new ways to work together and prosper, countries are looking for new barriers.  This is not just a recent phenomenon.  Brexit started off two years ago as the U.K.

Global economic synchronicity continues according to the latest trade balance data from the Bureau of Economic Analysis. Both sides of the ledger increased during December 2017. America exported $3.5 billion more goods and services for a total of $203.4 billion. Meanwhile, our nation imported $256.5 billion, an uptick of $6.2 billion. As you might have figured, this led to a

America’s trade deficit worsened as the fourth quarter of 2017 got underway.  According to the Bureau of Economic Analysis, our nation’s trading shortfall reached $48.7 billion, up from the downwardly revised chasm of $44.9 billion in September (originally $43.5 billion).  In short, the two components of trade (imports and exports) moved in opposite directions.

Data were mixed in the latest release on International Trade from the Bureau of Economic Analysis.  On the one hand, the trade deficit increased which will subtract from gross domestic product (GDP).  On the other hand, both components of the indicator increased versus a month earlier, suggesting growing global output.  In total, the trade deficit increased to $43.5 billion in Se