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Posts Tagged: “trade deficit

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November 4, 2022Exploring Finance

Trade Deficit: The First Deficit Increase in Six Months

The September Trade Deficit increased for the first time in 6 months to -$73.3B. The deficit had been getting help from exports out of the Strategic Petroleum Reserve. As shown by the chart below, the increase this month was from a drop in Exports combined with an increase in Imports. The current value is still […]

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August 4, 2022Exploring Finance

Is a Falling Trade Deficit Further Proof of Recession?

The June trade deficit fell for a fourth straight month to -$79.6B. While the deficit continues to drop from all-time highs, it is still larger than any month before 2022. June eclipsed December 2021 by $750M. December was a new record then, so the current deficit should be put into the context of longer history […]

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