U.S. Trade Deficit Decreases in December 2008

A new report details U.S. trade in goods and services, showing a December decrease in trade deficit.

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  • $ 133.8 billion: December 2008 U.S. exports
  • $ 173.7 billion: December 2008 U.S. imports
  • 8.4 percent: Decrease in exports between December 2007 and December 2008
  • 14.7 percent: Decrease in imports between December 2007 and December 2008
  • $142.5 billion: Average U.S. exports for the fourth quarter of 2008
  • $188.8 billion: Average U.S. imports for the fourth quarter of 2008

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Source: Bureau of Economic Analysis