The BEA Wire | BEA's Official Blog
September 2019 Trade Gap is $52.5 Billion
The U.S. monthly international trade deficit decreased in September 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.0 billion in August (revised) to $52.5 billion in September, as imports decreased more than exports. The previously published August deficit was $54.9 billion. The goods deficit decreased $2.7 billion in September to $71.7 billion. The services surplus decreased $…
August 2019 Trade Gap is $54.9 Billion
The U.S. monthly international trade deficit increased in August 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $54.0 billion in July (revised) to $54.9 billion in August, as imports increased more than exports. The previously published July deficit was $54.0 billion. The goods deficit increased $0.8 billion in August to $74.4 billion. The services…
U.S. International Investment Position Second Quarter 2019
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.56 trillion at the end of the second quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.01 trillion and liabilities were $38.56 trillion. At the end of the first quarter, the net investment position was –$10.16 trillion.
U.S. Current Account Deficit Narrows in Second Quarter 2019
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $8.0 billion, or 5.9 percent, to $128.2 billion in the second quarter of 2019. The narrowing mainly reflected an expanded surplus on primary income. The second quarter deficit was 2.4 percent of current dollar gross domestic…
BEA to Hold Sept. 10 Webinar on BE-140 Benchmark Survey of Insurance Services
BEA will conduct a webinar on Sept. 10 for those required to fill out the BE-140, a benchmark survey that collects information on insurance transactions between U.S. insurance companies and foreign persons.The one-hour webinar will start at 1 p.m. EDT and detail reporting requirements for the survey, which is due to the Bureau of Economic Analysis by Sept. 30.
July 2019 Trade Gap Is $54.0 Billion
The U.S. monthly international trade deficit decreased in July 2019, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.5 billion in June (revised) to $54.0 billion in July, as exports increased and imports decreased.
June 2019 Trade Gap is $55.2 Billion
The U.S. monthly international trade deficit decreased in June 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.3 billion in May (revised) to $55.2 billion in June,as imports decreased more than exports. The previously published May deficit was $55.5 billion. The goods deficit decreased $0.8 billion in June to $75.1 billion. The services surplus decreased $0.6 billion in June to…
May 2019 Trade Gap is $55.5 Billion
The U.S. monthly international trade deficit increased in May 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $51.2 billion in April (revised) to $55.5 billion in May, as imports increased more than exports. The previously published April deficit was $50.8 billion. The goods deficit increased $4.4 billion in May to $76.1 billion. The services surplus increased $0.1 billion in May…
New Foreign Direct Investment in the United States, 2018
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $296.4 billion in 2018, up 8.7 percent from $272.8 billion in 2017.
U.S. Net International Investment Position – First Quarter 2019
The U.S. net international investment position decreased to –$9.93 trillion (preliminary) at the end of the first quarter of 2019 from –$9.55 trillion (revised) at the end of the fourth quarter of 2018. The $374.4 billion decrease reflected net financial transactions of –$30.2 billion and net other changes in position, such as price and exchange-rate changes, of –$344.2 billion.
U.S. Current-Account Deficit Decreases in First Quarter 2019
The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.
April 2019 Trade Gap is $50.8 Billion
The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…