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

By U.S. News Staff

February 12, 2009 RSS Feed Print
  • $ 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

Read more Data Points.

Source: Bureau of Economic Analysis

Tags:
trade

Reader Comments Read all comments (3)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

due to the fact oil price stay low and demand shrink, and US dollars appreciating... You may see US Trade Balance in the next few years, the first time to come when US dollars jump, i.e. oil price goes down to under $20 a barrel ... When US dollar jump, US trade partner's currency will collapse like Korean Won drop 40% and 20% already this year.

Cheng of NJ 9:13AM March 03, 2009

due to the fact oil price stay low and demand shrink, and US dollars appreciating... You may see US Trade Balance in the next few years, the first time to come when US dollars jump, i.e. oil price goes down to under $20 a barrel ... When US dollar jump, US trade partner's currency will collapse like Korean Won drop 40% and 20% already this year.

Cheng of NJ 9:12AM March 03, 2009

lol

lol of KS 10:05PM February 26, 2009

Cartoons

advertisement

Debate Club

Was 2011 One of the Worst Years for the U.S. Government in American History?

Experts debate where 2011 ranks among Washington's worst years.

Latest Video

Thomas Jefferson Street Blog

Obama's Energy Policy Isn't 'Crony Capitalism'

A majority of the energy companies who have received funds under Obama are thriving

Michigan Is a Must-Win ... For Rick Santorum

Winning in Michigan is at least as important to Santorum's campaign as it is to Romney's.

Why the Catholic Contraception Controversy Is So American

Politically speaking, the contraception controversy is a quirk of the way we pay for healthcare.

The Upside of the Racist Hoekstra Ad

In this era of nasty political rhetoric and advertising, the public will draw the line at something brazenly racist.

Barack Obama's Budget Is Even Worse Than It Looks

If Obama's budget for FY 2013 is adopted as written, the federal budget would never balance again.

Rick Santorum and the GOP Only Favor Freedom From the Waist Up

From contraceptives to female soldiers on the front lines, the Republican party is turning away women voters

Why Conservatives Should Not Dismiss 'Liberal' Art

If conservatives want some art of their own they need only to be open to the art that is already out there.

Lessons From Barack Obama's Catholic Betrayal

Obama's contraception mandate is a betrayal to the very Catholics who pushed forward Obamacare.

advertisement

  1. 50 Ways to Improve Your Finances in 2012
  2. The 50 Best Careers
  3. CDC Warns Untreatable Gonorrhea is On the Way
  4. 7 Things That Turn Off Employers During an Interview
  5. 9 Tips to Make Your Resume Stand Out