Futures holding firm, I guess trade deficits are bullish too. Note they revised the last numbers again too.
Thursday November 18, 8:46 am Eastern Time
CORRECTED-TABLE-U.S. Sept trade gap rose to $24.41 bln
In WASHINGTON table, please note headline corrected to ``U.S. Sept trade gap rose to $24.41 bln' instead of ``U.S. Sept trade gap narrowed to $24.41 bln.'
A repeated table follows immediately.
WASHINGTON, Nov 18 (Reuters) - Commerce Department report of U.S. international trade.
Trade in goods and services, balance of payments basis (seasonally adjusted, in billions of dollars).
Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Balance -24.41 -15.17 -23.55 -191.60 -121.02
Exports 81.71 77.23 82.44 709.89 697.00
Imports 106.11 92.41 105.99 901.49 818.03
Breakdown of goods and services on a BOP basis (seasonally adjusted, in billions of dollars).
TRADE BALANCE Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Goods -30.59 -21.61 -30.13 -250.76 -183.34
Services 6.18 6.44 6.58 59.16 62.32
EXPORTS Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Goods 58.55 55.47 59.14 503.73 500.12
Services 23.16 21.76 23.30 206.16 196.88
IMPORTS Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Goods 89.14 77.08 89.27 754.49 683.47
Services 16.97 15.33 16.72 146.99 134.56
Trade in goods on a Census basis, seasonally adjusted.
Billions of dlrs: Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Balance -28.65 -20.12 -28.81 -238.45 -171.55
Exports 59.64 56.42 60.00 513.15 508.01
Imports 88.28 76.54 88.80 751.60 679.57
EXPORTS-Mln Dlrs: Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Autos/Parts 6,212 6,115 6,692 55,624 54,475
Civ.Aircraft 2,194 N/A 3,460 21,797 21,725
IMPORTS-Mln Dlrs: Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Autos/Parts 15,340 12,752 15,727 133,206 108,746
Civ.Aircraft 924 N/A 605 6,365 5,087
N/A - not available
Unadjusted Census basis, in millions of dollars.
EXPORTS Sept Aug Jan-Sept99 Jan-Sept98
Agricultural 3,760 3,693 33,637 36,529
Manufacturing 47,843 46,788 412,579 582,220
Crude Oil 17 99 545 764
Advanced Tech. 16,981 16,552 145,928 133,823
IMPORTS Sept Aug Jan-Sept99 Jan-Sept98
Agricultural 2,809 2,889 27,329 26,852
Manufacturing 77,088 76,676 644,876 582,220
Crude Oil 5,351 5,002 33,999 28,925
Advanced Tech. 16,067 15,408 130,046 115,013
TRADE BALANCE Sept Sept98 Aug Jan-Sept99 Jan-Sept98
Canada -2,859 -1,903 -3,264 -22,819 -11,531
Mexico -2,179 -1,439 -2,173 -18,847 -11,632
West Europe -3,538 -1,926 -4,438 -32,968 -19,717
China -6,902 -5,910 -6,866 -49,420 -42,406
Japan -6,638 -5,164 -6,393 -53,409 -46,398
Newly Industrial-
ized Countries -2,288 -2,501 -1,704 -17,157 -18,210
South Korea -879 -763 -426 -5,316 -6,576
Taiwan -1,494 -1,627 -1,410 -12,124 -11,369
South/Central
America -909 611 -901 -1,466 9,718
Brazil 119 330 15 1,296 3,394
OPEC -3,033 -907 -2,734 -15,039 -8,164
Indonesia -756 -727 -710 -5,683 -5,387
FORECAST:
Reuters survey of economists forecast:
$24.5 bln U.S. Sept trade deficit
NOTES/HISTORICAL COMPARISONS:
U.S. Sept volume of total crude and petroleum imports 340.1 mln barrels vs Aug 357.4 mln, Sept'98 330.6 mln.
U.S. Sept value of crude and petroleum imports $6.83 bln, vs Aug $6.58 bln, Sept'98 $3.79 bln.
U.S. Sept oil import price $19.52/bbl, highest since Feb'97 ($20.48), vs Aug $17.80, Sept'98 $10.99.
U.S. Aug trade deficit revised from $24.10 bln.
US-CHINA SEPT DEFICIT RECORD $6.90 BLN
US SEPT IMPORTS RECORD $106.11 BLN
US-OPEC SEPT TRADE DEFICIT RECORD $3.03 BLN
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