durable goods

Trade Deficit for July 2011 - $44.8 Billion

The July 2011 U.S. trade deficit decreased $6.8 billion to $44.8 billion. This is a 13.11% monthly decrease in the trade deficit. Exports increased by $6.2 billion, or 3.61%, while imports decreased $0.5 billion, or 0.22%. China imports, not seasonally adjusted, increased 1.12% in July, creating a $27 billion trade deficit with China.

 

Trade Deficit for June 2011 - $53.1 Billion

The June 2011 U.S. trade deficit increased $2.3 billion to -$53.1 billion. This is a 4.4% monthly increase in the trade deficit. Both imports and exports decreased, showing a slowing of global trade. The trade deficit wasn't this big since October 2008. Exports decreased -$4.1 billion, or -2.34% from last month while imports decreased -$1.9 billion, or 0.83%.

Durable Goods New Orders Declined -2.1% for Advance Report, June 2011

New Orders in Durable Goods decreased -2.1% for June 2011. New Orders has declined the last two months out of three.

Core capital goods new orders decreased -0.4%, after gaining 1.7% last month. Core capital goods is an investment gauge for the bet the private sector is placing on America's future economic growth.

 

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