Need Help? (888) 742-5060

In The News:

December U.S. Exports Decrease, Imports Increase

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.8 billion in December, up $9.5 billion from $50.3 billion in November, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce. 

December exports were $205.1 billion, $3.9 billion less than November exports. December imports were $264.9 billion, $5.5 billion more than November imports.

The December increase in the goods and services deficit reflected an increase in the goods deficit of $9.0 billion to $81.5 billion and a decrease in the services surplus of $0.5 billion to $21.8 billion.

For 2018, the goods and services deficit increased $68.8 billion, or 12.5%, from 2017. Exports increased $148.9 billion or 6.3%. Imports increased $217.7 billion or 7.5%.

Exports of goods decreased $3.9 billion to $135.6 billion in December while exports of services decreased less than $0.1 billion to $69.5 billion.

Imports of goods increased $5.1 billion to $217.2 billion in December while imports of services increased $0.5 billion to $47.7 billion.

The real goods deficit increased $10 billion to $91.6 billion in December.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center