Official Publication Edition · GDP
Source-grounded publication
Imports decreased $115.6 billion or 4.3 percent.
August imports were $314.3 billion, $2.3 billion less than July imports.
Source
U.S. International Trade in Goods and Services, August 2023
Sections
Publication sections
Key evidence
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 $3.7 billion. The source reports an amount on a billion scale for the stated scope in the generic-text section: $58.3 Billion The source reports an amount on a billion scale for the stated scope in the generic-text section: $256.0 Billion
The source directly compares reported values for the stated scope in the generic-text section: August exports were $256.0 billion, $4.1 billion more than July exports. The source directly compares reported values for the stated scope in the generic-text section: Imports of goods decreased $2.4 billion to $256.0 billion in August. The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports increased $22.0 billion or 1.1 percent.
The source directly compares reported values for the stated scope in the generic-text section: Exports of services increased $1.0 billion to $84.5 billion in August. The source reports an amount on a billion scale for the stated scope in the generic-text section: Year-to-date, the goods and services deficit decreased $137.6 billion, or 20.7 percent, from the same period in 2022. 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 decreased $2.6 billion.
The source directly compares reported values for the stated scope in the generic-text section: The average goods and services deficit decreased $2.8 billion to $62.2 billion for the three months ending in August. 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 $11.0 billion from the three months ending in August 2022. The source reports an amount on a billion scale for the stated scope in the generic-text section: $314.3 Billion
The source directly compares reported values for the stated scope in the generic-text section: Bureau of Economic Analysis announced today that the goods and services deficit was $58.3 billion in August, down $6.4 billion from $64.7 billion in July, revised.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Imports decreased $115.6 billion or 4.3 percent. | 115.6 | billion | — |
| Exports of goods on a Census basis increased $3.7 billion. | 3.7 | billion | — |
| $58.3 Billion | 58.3 | billion | — |
| $256.0 Billion | 256 | billion | — |
| Exports increased $22.0 billion or 1.1 percent. | 22 | billion | — |
| Year-to-date, the goods and services deficit decreased $137.6 billion, or 20.7 percent, from the same period in 2022. | 137.6 | billion | — |
| Imports of goods on a Census basis decreased $2.6 billion. | 2.6 | billion | — |
| Year-over-year, the average goods and services deficit decreased $11.0 billion from the three months ending in August 2022. | 11 | billion | — |
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