U.S. Trade Gap Widened in August

Washington, DC, October 6, 2015—The goods and services deficit was $48.3 billion in August, up $6.5 billion from $41.8 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.

August exports were $185.1 billion, $3.7 billion less than July exports.

August imports were $233.4 billion, $2.8 billion more than July imports.

The August increase in the goods and services deficit reflected an increase in the goods deficit of $6.6 billion to $67.9 billion and an increase in the services surplus of $0.1 billion to $19.6 billion.

Year-to-date, the goods and services deficit increased $17.6 billion, or 5.2%, from the same period in 2014. Exports decreased $58.9 billion or 3.8%. Imports decreased $41.3 billion or 2.2%.