2005-12-16
US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced that total October exports of $107.5 billion and imports of $176.4 billion resulted in a goods and services deficit of $68.9 billion, $2.9 billion more than the $66.0 billion in September, revised.
October exports were $1.8 billion more than September exports of $105.8 billion. October imports were $4.7 billion more than September imports of $171.8 billion.
In October, the goods deficit increased $2.6 billion from September to $73.9 billion, and the services surplus decreased $0.3 billion to $5.0 billion.
Exports of goods increased $1.8 billion to $75.2 billion, and imports of goods increased $4.3 billion to $149.1 billion.
Exports of services were virtually unchanged at $32.3 billion, and imports of services increased $0.3 billion to $27.3 billion.
In October, the goods and services deficit was up $13.3 billion from October 2004.
Exports were up $9.0 billion, or 9.2 percent, and imports were up $22.3 billion, or 14.5 percent.
The September to October change in exports of goods reflected increases in capital goods ($1.8 billion).
A decrease occurred in consumer goods ($0.6 billion).
The September to October change in imports of goods reflected increases in industrialsupplies and materials ($3.5 billion); automotive vehicles, parts, and engines ($0.8 billion); and consumer goods ($0.4 billion).
Decreases occurred in foods, feeds, and beverages ($0.2 billion); other goods ($0.1 billion); and capital goods ($0.1 billion). US Department of Commerce Fibre2fashion.com
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