FOR IMMEDIATE RELEASE AT 8:30 A.M. EDT, Thursday, July 6, 2017
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
The full text of the release and data tables in this release on BEA's Web site can be found at www.bea.gov/newsreleases/
NOTES:
All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally-adjusted statistics and details for goods on a Census basis, are available in Exhibits 1-20b of this release.
For information on data sources, definitions, revision procedures, and scheduled release dates through December 2017, see the information section on page A-1 of this release. The next release is August 4, 2017.
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 $46.5 billion in May, down $1.1 billionfrom $47.6 billion in April, revised. May exports were $192.0 billion, $0.9 billion more than Aprilexports. May imports were $238.5 billion, $0.2 billion less than April imports.
The May decrease in the goods and services deficit reflected a decrease in the goods deficit of$0.9 billion to $67.5 billion and an increase in the services surplus of $0.2 billion to $21.0
billion.
Year-to-date, the goods and services deficit increased $27.0 billion, or 13.1 percent, from the same period in 2016. Exports increased $54.3 billion or 6.0 percent. Imports increased $81.4 billion or 7.3 percent.
Goods by Selected Countries and Areas: Monthly – Census Basis (Exhibit 19)
The May figures show surpluses, in billions of dollars, with South and Central America ($2.4),Hong Kong ($2.3), Singapore ($0.8), Brazil ($0.8), and United Kingdom ($0.7). Deficits were recorded, in billions of dollars, with China ($30.1), European Union ($10.7), Mexico ($6.8), Japan ($6.4),Germany ($4.7), Italy ($2.4), Canada ($2.2), India ($2.0), Taiwan ($1.7), France ($1.7), OPEC ($1.1), South Korea ($0.8), and Saudi Arabia ($0.2).
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
BEA News: U.S. International Trade in Goods and Services, May 2017
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 $46.5 billion in May, down $1.1 billion from $47.6 billion in April, revised. May exports were $192.0 billion, $0.9 billion more than April exports. May imports were $238.5 billion, $0.2 billion less than April imports.The full text of the release and data tables in this release on BEA's Web site can be found at www.bea.gov/newsreleases/
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| These data are not in the BEA press release |
All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally-adjusted statistics and details for goods on a Census basis, are available in Exhibits 1-20b of this release.
For information on data sources, definitions, revision procedures, and scheduled release dates through December 2017, see the information section on page A-1 of this release. The next release is August 4, 2017.
The May decrease in the goods and services deficit reflected a decrease in the goods deficit of$0.9 billion to $67.5 billion and an increase in the services surplus of $0.2 billion to $21.0
billion.
Year-to-date, the goods and services deficit increased $27.0 billion, or 13.1 percent, from the same period in 2016. Exports increased $54.3 billion or 6.0 percent. Imports increased $81.4 billion or 7.3 percent.
Goods by Selected Countries and Areas: Monthly – Census Basis (Exhibit 19)
The May figures show surpluses, in billions of dollars, with South and Central America ($2.4),Hong Kong ($2.3), Singapore ($0.8), Brazil ($0.8), and United Kingdom ($0.7). Deficits were recorded, in billions of dollars, with China ($30.1), European Union ($10.7), Mexico ($6.8), Japan ($6.4),Germany ($4.7), Italy ($2.4), Canada ($2.2), India ($2.0), Taiwan ($1.7), France ($1.7), OPEC ($1.1), South Korea ($0.8), and Saudi Arabia ($0.2).
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