Trade Balance

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 leadership in the global economic expansion is evident in the November 2017 Trade Balance report from the Bureau of Economic Analysis.  America is increasing its purchases from foreign countries faster than trading partners are increasing their purchases from our nation; an important takeaway is that both imports and exports are expanding.  With a shortfall of $50.5 bi

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.