February Trade Deficit At $89.2B, Worse Than Forecast

The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services.

Here is an excerpt from the latest report:

The U.S. monthly international trade deficit decreased in February 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased less than $0.1 billion from January (revised) to $89.2 billion in February, as exports increased slightly more than imports. The previously published January deficit was $89.7 billion. The goods deficit decreased $1.1 billion in February to $107.5 billion. The services surplus decreased $1.1 billion in February to $18.3 billion.

Today's headline number of -89.19B was worse than the -88.5B Investing.com forecast.

Here is a snapshot that gives a better sense of the extreme volatility of this indicator.