The January 2013 international trade deficit increased 16.5 percent from December 2012, to $44.4 billion. Exports fell 1.2 percent, to $184.5 billion, and imports rose 1.8 percent, to $228.9 billion.
U.S. Trade Balance is a monthly report, with revisions, released by the Economics & Statistics Administration, U.S. Department of Commerce, from data co-gathered by the 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. – a Washington-State Registered Investment Adviser. Bryant provides independent, fee-only, financial planning services for individual investors. Since 1999, Chris has devoted himself to helping people make money, save money, protect money, have convenience and peace of mind. He is the author of the new book, Personal Financial Planning. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.