Bureau of Economic Analysis
Split U.S. International Trade in Goods and Services, August 2025 and Services Supplied Through Affiliates, 2023
U.S. International Trade in Goods and Services, August 2025
The U.S. goods and services trade deficit decreased in August 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.2 billion in July (revised) to $59.6 billion in August, as exports increased and imports decreased. The goods deficit decreased $18.1 billion in August to $85.6 billion. The services surplus increased $0.5 billion in August to $26.1 billion.
Services Supplied Through Affiliates, 2023
For 2024, U.S. exports of services were $1,152.7 billion, and U.S. imports of services were $840.9 billion. For 2023—the latest year for which statistics are available—services supplied to foreign persons through foreign affiliates of U.S. multinational enterprises (MNEs) were $2,201.8 billion, and services supplied to U.S. persons through U.S. affiliates of foreign MNEs were $1,586.6 billion. Affiliates supplied most of the services provided to foreign persons by the United States and to U.S. persons by foreign markets in 2023.
Principal Federal Economic Indicators
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Personal Income and Outlays, March 2023
Personal income increased $67.9 billion, or 0.3 percent at a monthly rate, while consumer spending increased $8.2 billion, or less than 0.1 percent, in March. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in March, compared with 4.8 percent in February.
Gross Domestic Product, First Quarter 2023 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023, according to the "advance" estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The increase in the first quarter primarily reflected an increase in consumer spending that was partly offset by a decrease in inventory investment.
Gross Domestic Product, First Quarter 2023 (Advance)
Real gross domestic product increased at an annual rate of 1.1 percent in the first quarter of 2023, according to the “advance” estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The increase in the first quarter primarily reflected an increase in consumer spending that was partly offset by a decrease in inventory investment.
U.S. International Trade in Goods and Services, February 2023
The U.S. monthly international trade deficit increased in February 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.7 billion in January (revised) to $70.5 billion in February, as exports decreased more than imports. The goods deficit increased $2.7 billion in February to $93.0 billion. The services surplus increased $0.8 billion in February to $22.4 billion.
February 2023 Trade Gap is $70.5 Billion
The U.S. goods and services trade deficit increased from $68.7 billion in January (revised) to $70.5 billion in February, as exports decreased more than imports. The goods deficit increased $2.7 billion to $93.0 billion, and the services surplus increased $0.8 billion to $22.4 billion.
Gross Domestic Product by State and Personal Income by State, Year 2022
Real gross domestic product (GDP) increased in 42 states and the District of Columbia in 2022, with the percent change in real GDP ranging from 4.9 percent in Idaho to –2.4 percent in Alaska.
Gross Domestic Product by State and Personal Income by State, 4th Quarter 2022
Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the fourth quarter of 2022, with the percent change in real GDP ranging from 7.0 percent in Texas to –4.3 percent in South Dakota.
Gross Domestic Product by State and Personal Income by State, 4th Quarter 2022 and Year 2022
Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the fourth quarter of 2022, with the percent change in real GDP ranging from 7.0 percent in Texas to –4.3 percent in South Dakota. Personal income increased in 48 states and the District of Columbia in the fourth quarter, with the percent change ranging from 15.3 percent in Massachusetts to –2.5 percent in Colorado.
Personal Income and Outlays, February 2023
Personal income increased $72.9 billion, or 0.3 percent at a monthly rate, while consumer spending increased $27.9 billion, or 0.2 percent, in February. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 4.6 percent in February, compared with 4.4 percent in January.
Personal Income and Outlays, February 2023
Personal income increased $72.9 billion, or 0.3 percent at a monthly rate, while consumer spending increased $27.9 billion, or 0.2 percent, in February. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 4.6 percent in February, compared with 4.4 percent in January.