Macroeconomics

U.S. exports for the month of July decreased $1.1 billion compared with June of the same year.

In July 2013, U.S. trade balance resulted in a deficit of U$39.1 billion which represents 13% more deficit from June 2013, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported today September 4th 2013. United States’ exports for the month of July decreased $1.1 billion compared with June of the same year. “In July, the goods deficit increased $4.5 billion from June to $58.6 billion, and the services surplus decreased $0.1 billion from June to $19.4 billion” (BEA, 2013).

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