The September 2012 international trade deficit decreased 5.1 percent from August, to $41.5 billion. Exports rose 3.1 percent, to $187.0 billion, and imports increased 1.5 percent, to $228.5 billion.
U.S. Trade Balance is a monthly report, with revisions, released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the United States Census Bureau and Bureau of Economic Analysis of the difference between the dollar value of exports and imports. Foreign trade is an important component of aggregate economic activity, representing a significant portion of gross domestic product.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., an independent, fee-only, registered investment adviser. Since 1999, Chris has devoted himself to the practice of financial planning services – helping individual investors seeking to make money, save money, protect money, have convenience and peace of mind. Connect with Chris@BryantWealthManagement.com.
Chris Bryant is an American financial advisor.