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US January advanced goods trade balance -$91.50B vs -$89.7B last month

US January advanced goods trade balance -$91.50B vs -$89.7B last month

The US advance good trade balance for January 2023.

  • advanced good trade balance -$91.50 billion versus -$89.7 billion last month (was
  • exports came in at $173.8 billion up 7 billion from December
  • imports came in at $265.3 billion which was up 8.8 billion from December

The US historically runs a trade deficit of goods and a surplus of services. The lower cost of production are the main contributors to the trend. The price of oil can also have a big impac... Read More

Posted: Feb 28 2023, 13:31
Author Name: forexlive
Views: 111861

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