January Trade Deficit At $45.3B

Jill Mislinski
By Jill Mislinski of Advisor Perspectives
Research Director at Advisor Perspectives •

The U.S. International Trade in Goods and Services, known as the FT-900, is published monthly. This report details U.S. exports and imports of goods and services.Friday's headline number of -45.3B was lower than Investing.com's forecast of -46.1B.

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 January 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion in December (revised) to $45.3 billion in January, as imports decreased more than exports. The previously published December deficit was $48.9 billion. The goods deficit decreased $2.6 billion in January to $67.0 billion. The services surplus increased $0.6 billion in January to $21.7 billion. Current Release

Friday's headline number of -45.3B was lower than the Investing.com forecast of -46.1B. Revisions were made to 2019 figures.

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

We will publish the next Trade Balance report on April 2.

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