Sonny Clark
Diamond Member
- Banned
- #1
Every time a new foreign trade agreement is enacted, we hear how it'll greatly benefit the U.S. Every time one is being debated, it seems that the agreed course is to enacted it for our economic benefit. But, when was the last time we actually had a trade surplus? How many years have we had a trade deficit?
U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce * Washington, DC 20230
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
December 2014
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of
Commerce, announced today that the goods and services deficit was $46.6 billion in December, up
$6.8 billion from $39.8 billion in November, revised. December exports were $194.9 billion, down
$1.5 billion from November. December imports were $241.4 billion, up $5.3 billion from November.
The December increase in the goods and services deficit reflected an increase in the goods deficit
of $6.9 billion to $66.0 billion and an increase in the services surplus of $0.1 billion to
$19.5 billion.
For 2014, the goods and services deficit was $505.0 billion, up $28.7 billion or 6.0 percent from
2013. Exports were $2,345.4 billion, up $65.2 billion or 2.9 percent. Imports were $2,850.5
billion, up $93.9 billion or 3.4 percent.
___________________________________________________________________________________
Do we really benefit? If so, how?
U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce * Washington, DC 20230
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
December 2014
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of
Commerce, announced today that the goods and services deficit was $46.6 billion in December, up
$6.8 billion from $39.8 billion in November, revised. December exports were $194.9 billion, down
$1.5 billion from November. December imports were $241.4 billion, up $5.3 billion from November.
The December increase in the goods and services deficit reflected an increase in the goods deficit
of $6.9 billion to $66.0 billion and an increase in the services surplus of $0.1 billion to
$19.5 billion.
For 2014, the goods and services deficit was $505.0 billion, up $28.7 billion or 6.0 percent from
2013. Exports were $2,345.4 billion, up $65.2 billion or 2.9 percent. Imports were $2,850.5
billion, up $93.9 billion or 3.4 percent.
___________________________________________________________________________________
Do we really benefit? If so, how?