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U.S. Trade Deficit Shrinks In January
Despite shrinking in January, the U.S. trade deficit could still weigh on first quarter economic growth. The nominal deficit in goods and services trade declined to $54.5 billion from an upwardly-revised $72.9 billion in December ($70.3 billion previously). After two monthly declines, exports snapped back 5.5% on broad based gains. Meanwhile, following sizable increases the prior two months, imports fell modestly amid widespread declines apart from continued purchases of computing equipment to feed the AI boom. On a regional basis, the U.S. goods trade deficit declined with Canada, Mexico and the EU, but continued to ... (full story)
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FlyingTurtle
Mar 12, 2026 3:41pm
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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.5 billion in January, down $18.4 billion from $72.9 billion in December, revised. January exports were $302.1 billion, $15.8 billion more than December exports. January imports were $356.6 billion, $2.6 billion less than December ...
In the three months to January 2026, compared with the three months to October 2025: Real gross domestic product (GDP) grew by 0.2%, following a growth of 0.1% in the three months to December, and no growth in the three months to November 2025 (revised up from a fall of 0.1% in our previous bulletin). Services output grew by 0.2%, after showing no growth in ...