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Official Publication Edition · GDP

Source-grounded publication

Exports of services increased $0.2 billion to $85.4 billion in January.

$67.4 Billion

Published
Release date
PublisherBureau of Economic Analysis

Source

U.S. International Trade in Goods and Services, January 2024

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Sections

Publication sections

Key evidence

The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports of goods on a Census basis increased $3.0 billion. The source directly compares reported values for the stated scope in the generic-text section: Imports of goods increased $3.1 billion to $263.4 billion in January. The source reports an amount on a billion scale for the stated scope in the generic-text section: Net balance of payments adjustments decreased $0.1 billion.

The source directly compares reported values for the stated scope in the generic-text section: January exports were $257.2 billion, $0.3 billion more than December exports. The source reports an amount on a billion scale for the stated scope in the generic-text section: Year-over-year, the average goods and services deficit decreased $3.7 billion from the three months ending in January 2023.

The source directly compares reported values for the stated scope in the generic-text section: The January increase in the goods and services deficit reflected an increase in the goods deficit of $3.0 billion to $91.6 billion and a decrease in the services surplus of $0.3 billion to $24.2 billion. The source directly compares reported values for the stated scope in the generic-text section: The average goods and services deficit increased $0.7 billion to $64.8 billion for the three months ending in January.

The source directly compares reported values for the stated scope in the generic-text section: Exports of goods increased $0.2 billion to $171.8 billion in January. The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports decreased $1.0 billion or 0.4 percent. The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports decreased $3.9 billion or 1.2 percent.

The source directly compares reported values for the stated scope in the generic-text section: January imports were $324.6 billion, $3.6 billion more than December imports. The source reports an amount on a billion scale for the stated scope in the generic-text section: $324.6 Billion The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports of goods on a Census basis increased $0.2 billion.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
$67.4 Billion67.4billion
$257.2 Billion257.2billion
Imports of goods on a Census basis increased $3.0 billion.3billion
Net balance of payments adjustments decreased $0.1 billion.0.1billion
Year-over-year, the average goods and services deficit decreased $3.7 billion from the three months ending in January 2023.3.7billion
Exports decreased $1.0 billion or 0.4 percent.1billion
Imports decreased $3.9 billion or 1.2 percent.3.9billion
$324.6 Billion324.6billion
Source and methodology

Source: the retained official publication. Method: normalized statements from section generic-text presented as reported, without recomputation.

Caveats
  • Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections

Correction state: none