January Trade Deficit at $89.7B, Worse Than Forecast

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

The U.S. monthly international trade deficit increased in January 2022 from $82.0 billion in December (revised) to $89.7 billion in January, as imports increased and exports decreased.

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 increased in January 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $82.0 billion in December (revised) to $89.7 billion in January, as imports increased and exports decreased. The previously published December deficit was $80.7 billion. The goods deficit increased $7.1 billion in January to $108.9 billion. The services surplus decreased $0.6 billion in January to $19.2 billion.

Today's headline number of -89.69B was worse than the -87.1B Investing.com forecast.

(Click on image to enlarge)

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

(Click on image to enlarge)

More from this Author

Q4 Real GDP Per Capita: 2.5% Versus The 2.9% Headline Real GDP

Q4 Real GDP Per Capita: 2.5% Versus The 2.9% Headline Real GDP

Jill Mislinski •
Dallas Fed Manufacturing Growth Slows In January

Dallas Fed Manufacturing Growth Slows In January

Jill Mislinski •
Real Disposable Income Per Capita Continued To Inch Up In December

Real Disposable Income Per Capita Continued To Inch Up In December

Jill Mislinski •

Comments

Back to all articles