Meet BEA's Director—Steve Landefeld

BEA Director Steve Landefeld

February 2012 Trade Gap is $46.0 Billion

The U.S. monthly international trade deficit decreased in February 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $52.5 billion (revised) in January to $46.0 billion in February, as imports decreased and exports increased.