With the first Friday of the month, the Employment Situation Summary for May from the Bureau of Labor Statistics was obviously the most widely watched release of last week. But the week also saw the release of four reports for April that give us the lion's share of that month's contribution to 2nd quarter GDP, and in some cases suggest revisions to 1st quarter GDP.
The U.S. February 2016 monthly trade deficit increased 2.6% from last month and now stands at -$47.1 billion. America still runs a surplus in services, now at $17.7 billion, but the goods deficit is still massive and this month was -$64.7 billion. The U.S. trade deficit hasn't been this high since August 2015.
Our trade deficit rose by 2.2% January, while the net value of both our exports and our imports decreased. The Census report on our international trade in goods and services for January indicated that our seasonally adjusted goods and services trade deficit rose by $1.0 billion to $45.7 billion in January from a December deficit which was revised from $43.4 billion to $44.7 billion
Our trade deficit fell by 5.0% November, after rising by a revised 5.0% in October, as the net value of both our exports and imports decreased. The Census report on our international trade in goods and services for November indicated that our seasonally adjusted goods and services trade deficit fell by $2.2 billion to $42.4 billion in November from a October deficit which was revised from $43.9 billion to $44.6 billion.
Our trade deficit fell by 15.0% in September, virtually reversing the 15.6% jump in August, as the value of our exports rose and the value of our imports fell. The Census report on our international trade in goods and services for September indicated that our seasonally adjusted goods and services trade deficit fell by $7.2 billion to $41.8 billion in September from an August deficit which was revised from $48.3 billion to $48.0 billion.
Our August trade deficit rose by 15.6% from July as the value of our exports fell and the value of our imports rose. The Census report on our international trade in goods and services for August indicated that our seasonally adjusted goods and services trade deficit rose by $6.5 billion to $48.3 billion in August from a July deficit which was revised from $41.9 billion to $41.8 billion.
Our July trade deficit fell by 7.3% from June as the value of our exports rose and the value of our imports fell. The Census report on our international trade in goods and services for July indicated that our seasonally adjusted goods and services trade deficit fell by $3.3 billion to $41.9 billion in July from a June deficit which was revised from $43.8 billion to $45.2 billion.
Our trade deficit increased by 7.1% in June as the value of our exports fell and the value of our imports rose. The Census report on our international trade in goods and services for June indicated that our seasonally adjusted goods and services trade deficit rose by $2.9 billion to $43.8 billion in June from a May deficit which was revised from $41.9 billion to $40.9 billion.
Our trade deficit increased by 2.9% in May as the value of both exports and imports decreased but our exports fell by a greater amount. The Census report on our international trade in goods and services for May indicated that our seasonally adjusted goods and services trade deficit rose by $1.2 billion to $41.9 billion in May from an April deficit which was revised from $40.9 billion to $40.7 billion.
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