Economic Charts

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Thursday, March 10, 2011

Monthly Trade Balance

The Trade Balance report for January 2011 was released today with a worse than expected result.  The Trade Balance number is the difference in value between imported and exported goods and services during the reported month. A positive number indicates that more goods and services were exported than imported and a negative number indicates more goods and services were imported than exported.  We have been negative for quite some time and diving further, but not the lows of 2010 yet.  The forecasted number called for -41.4 billion, but the actual number was -46.3 billion dollars.  
You can see how that gap between imports and exports is widening again but are on the rise (imports more than exports).  
Courtesy of BEA

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