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U.S. Trade Balance deficit increased to $45.7 billion in January

Friday, Mar 04 2016
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $45.7 billion in January, up $1.0 billion from $44.7 billion in December, revised. Deficit of $43.8 billion was anticipated. January exports were $176.5 billion, $3.8 billion less than December exports. January imports were $222.1 billion, $2.8 billion less than December imports.
 The January increase in the goods and services deficit reflected an increase in the goods deficit of $1.1 billion to $63.7 billion and an increase in the services surplus of $0.1 billion to $18.0 billion. Year-over-year, the goods and services deficit increased $2.1 billion, or 4.8% from January 2015. Exports decreased $12.5 billion or 6.6%. Imports decreased $10.5 billion or 4.5%.
 
Euro is currently being traded few points above 1.0920 level, Sterling is around 1.4120 handle, while Aussie is around 0.7380 area.
More in this category: « Eurozone Retail PMI at a four-month high NFP employment up by 242,000, unemployment rate stable »

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