Business, Freight News

U.S. International Trade in Goods

[ August 26, 2015   //   Gary G Burrows ]

According to a July 30 report from the US Census Bureau, the advance international trade balance in goods was -$62.3 billion in June 2015. Advance exports of goods were $126.6 billion and advance imports of goods were $188.8 billion

The US Labor Department reports U.S. import prices in July posted their biggest decline in six months as the cost of petroleum products and other goods fell. Sources suggest this could mean inflation will remain low for a while.

Tags: US Census Bureau, US Labor Department