News

News

U.S trade deficit was $55.5 billion in October, up $0.9 billion from $54.6 billion in September, revised

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.5 billion in October, up $0.9 billion from $54.6 billion in September, revised.

October exports were $211.0 billion, $0.3 billion less than September exports. October imports were $266.5 billion, $0.6 billion more than September imports.

The October increase in the goods and services deficit reflected an increase in the goods deficit of $0.9 billion to $78.1 billion and a decrease in the services surplus of $0.1 billion to $22.6 billion.

Year-to-date, the goods and services deficit increased $51.3 billion, or 11.4 percent, from the same period in 2017. Exports increased $149.3 billion or 7.7 percent. Imports increased $200.6 billion or 8.4 percent.

Imports of goods increased $0.5 billion to $219.6 billion in October.

Imports of goods on a Census basis increased $0.3 billion.


You may also be interested:

18:27 15.02.2019
U.S. consumer sentiment rebounds more than forecast in February
A report from the University of Michigan revealed the preliminary reading for the Reuters/Michigan index of consumer sentiment rose to 95.5 in early February. Economists had expected the index would increase to 94.5 this month from January’s final reading of 91.2.The early February gains reflected the end of the partial government shutdown as well as a more fundamental shift in consumer expectations due to the Fed's pause in raising interest rates, the report said.According to the report, the
17:53 15.02.2019
U.S. industrial output falls in January for the first time since last May
The Federal Reserve reported that the U.S. industrial production fell 0.6 percent m-o-m in January 2019, following a downwardly revised 0.1 percent m-o-m increase in December 2018 (originally a 0.3 percent m-o-m advance). It was the first decline since May 2018.Economists had forecast industrial production would rise 0.1 percent m-o-m in January. According to the report, manufacturing production dropped 0.9 percent m-o-m, primarily due to a large decline in motor vehicle assemblies. Meanwhile,
16:53 15.02.2019
U.S. import-price index falls more than expected in January
The Labor Department reported the import-price index, measuring the cost of goods ranging from Canadian oil to Chinese electronics, fell 0.5 percent m-o-m in January 2019, following an unrevised 1.0-percent m-o-m decrease in December 2018. Economists had expected prices to drop 0.1 percent m-o-m last month.According to the report, import fuel prices decreased 3.2 percent m-o-m in January, primarily driven by a 44.2-percent m-o-m tumble in natural gas prices, while petroleum prices edged down 0.1
Deposit
options
Trading
platform
download
Bonuses VIP