Global| Feb 05 2020U.S. Trade Deficit Widens with Surge in Petroleum Imports
Summary
The U.S. trade deficit in goods and services declined to $43.09 billion during November..... The international trade data, including relevant data on oil prices, can be found in Haver's USECON database. Detailed figures on [...]
The U.S. trade deficit in goods and services declined to $43.09 billion during November.....
The international trade data, including relevant data on oil prices, can be found in Haver's USECON database. Detailed figures on international trade are available in the USINT database. The expectations figures are from the Action Economics Forecast Survey, which is carried in AS1REPNA.
| Foreign Trade in Goods & Services (Current $) | Dec | Nov | Oct | Dec Y/Y | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| U.S. Trade Deficit ($ bil.) | 48.88 | 43.69 | 47.37 | 60.81 (12/18) |
627.68 | 550.12 | 502.98 |
| Exports of Goods & Services (% Chg) | 0.7 | -0.1 | -0.9 | 0.3 | 6.3 | 6.2 | -2.2 |
| Imports of Goods & Services (% Chg) | -1.0 | -1.7 | -1.6 | -3.8 | 7.8 | 6.8 | -1.7 |
| Petroleum (% Chg) | -3.2 | -0.0 | -4.6 | -15.3 | 20.8 | 27.2 | -19.4 |
| Nonpetroleum Goods (% Chg) | -1.2 | -2.4 | -1.9 | -4.8 | 7.5 | 5.5 | -1.3 |
Carol Stone, CBE
AuthorMore in Author Profile »Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
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