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

The U.S. monthly international trade deficit decreased in August 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.9 billion in July (revised) to $70.4 billion in August, as exports increased and imports decreased. The goods deficit decreased $8.4 billion in August to $94.9 billion. The services surplus increased $0.1 billion in August to $24.4 billion.

In addition, the services supplied through affiliates statistics in BEA’s annual International Services tables, which feature services supplied by multinational enterprises through the channel of direct investment, will be released at 10 a.m. with statistics through 2022.