September 04, 2025

U.S. International Trade in Goods and Services, July 2025

The U.S. goods and services trade deficit increased in July 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $59.1 billion in June (revised) to $78.3 billion in July, as imports increased more than exports. The goods deficit increased $18.2 billion in July to $103.9 billion. The services surplus decreased $1.1 billion in July to $25.6 billion.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (2nd)
+3.3%
Personal Income
July 2025
+0.4%
International Trade in Goods and Services
July 2025
-$78.3 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

Gross Domestic Product (GDP) by State: Fourth Quarter 2017

| The BEA Wire

Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2017. The percent change in real GDP ranged from 5.2 percent in Texas to –1.3 percent in North Dakota.

Foreign Direct Investment by Country and Industry, 2016

| News Release

Outward and Inward U.S. foreign direct investment continued to grow in 2016. The U.S. direct investment position abroad valued at historical cost grew 5.6 percent to $5,332.2 billion, compared with an average annual growth rate of 8.2 percent in 2006–2015. The foreign direct investment position in the United States valued at historical cost grew 12.8 percent to $3,725.4 billion, compared with an average annual growth rate of 6.7 percent in 2006–…

Gross Domestic Product by State, 4th quarter 2017 and annual 2017 (preliminary)

| News Release

Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2017. The percent change in real GDP ranged from 5.2 percent in Texas to –1.3 percent in North Dakota.

March 2018 Trade Gap is $49.0 Billion

| The BEA Wire

The U.S. monthly international trade deficit decreased in March 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $57.7 billion in February (revised) to $49.0 billion in March, as exports increased and imports decreased. The previously published February deficit was $57.6 billion. The goods deficit decreased $7.5 billion in March to $69.5 billion. The services surplus increased $1.3…

U.S. International Trade in Goods and Services, March 2018

| News Release

The U.S. monthly international trade deficit decreased in March 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $57.7 billion in February(revised) to $49.0 billion in March,as exports increased and imports decreased. The previously published February deficit was $57.6 billion. The goods deficit decreased $7.5 billion in March to $69.5 billion. The services surplus increased $1.3…

Real Consumer Spending Increases in March

| The BEA Wire

Personal income increased 0.3 percent in March, the same increase as in February. Wages and salaries, the largest component of personal income, increased 0.2 percent in March after increasing 0.4 percent in February.

Personal Income and Outlays, March 2018

| News Release

Personal income increased $47.8 billion (0.3 percent) in March according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $39.8 billion (0.3 percent) and personal consumption expenditures (PCE) increased $61.7 billion (0.4 percent).

GDP Increases in First Quarter

| The BEA Wire

Real gross domestic product (GDP) increased 2.3 percent in the first quarter of 2018, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2017, real GDP increased 2.9 percent.

Gross Domestic Product, 1st quarter 2018 (advance estimate)

| News Release

Real gross domestic product (GDP) increased 2.3 percent in the first quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2017, real GDP increased 2.9 percent.

Gross Domestic Product by Industry: Fourth Quarter 2017

| The BEA Wire

Durable goods manufacturing; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2017. Overall, 16 of 22 industry groups contributed to the 2.9 percent increase in real GDP in the fourth quarter.