The UNITED STATE Census Bureau and the UNITED STATE Bureau of Economic Analysis announced this particular day that the products and also solutions deficit was $70.1 billion in July, dvery own $3.2 billion from $73.2 billion in June, revised.

You are watching: Which of the following definitions describes a term bond?


UNITED STATE International Trade in Goods and also Services Deficit
Deficit:

$70.1 Billion

-4.3%°

Exports:

$212.8 Billion

+1.3%°

Imports:

$282.9 Billion

-0.2%°

Next release: Tuesday, October 5, 2021

(°) Statistical meaning is not applicable or not measurable. Data readjusted for seasonality however not price changes

Source: UNITED STATE Census Bureau, U.S. Bureau of Economic Analysis; UNITED STATE International Trade in Goods and also Services, September 2, 2021


*

Exports, Imports, and also Balance (exhilittle 1)

July exports were $212.8 billion, $2.8 billion even more than June exports. July imports were $282.9 billion, $0.4 billion less than June imports.

The July decrease in the items and services deficit reflected a decrease in the items deficit of $5.5 billion to $87.7 billion and a decrease in the services excess of $2.4 billion to $17.7 billion.

Year-to-date, the items and also solutions deficit enhanced $131.0 billion, or 37.1 percent, from the exact same duration in 2020. Exports boosted $205.0 billion or 16.8 percent. Imports increased $336.0 billion or 21.3 percent.


COVID-19 Impact on Internationwide Trade in Goods and Services

The worldwide pandemic and the financial recovery ongoing to affect global trade in July 2021. The complete financial effects of the pandemic cannot be quantified in the statistics because the impacts are primarily installed in resource information and cannot be independently established.


Three-Month Moving Averperiods (exhilittle 2)

The average items and services deficit enhanced $1.1 billion to $70.6 billion for the three months finishing in July.

Median exports boosted $2.0 billion to $210.5 billion in July.Median imports enhanced $3.1 billion to $281.2 billion in July.

Year-over-year, the average goods and solutions deficit raised $15.2 billion from the three months finishing in July 2020.

Typical exports boosted $51.9 billion from July 2020.Average imports raised $67.1 billion from July 2020.

Exports (exhibits 3, 6, and also 7)

Exports of items raised $2.7 billion to $148.6 billion in July.

Exports of items on a Census basis enhanced $2.7 billion.

Capital goods enhanced $1.0 billion.Other commercial machinery boosted $0.8 billion.Consumer goods increased $0.8 billionGem diamonds enhanced $0.6 billion.Automotive vehicles, components, and engines enhanced $0.6 billion.Trucks, buses, and distinct function vehicles enhanced $0.4 billion.Automotive parts and also accessories boosted $0.3 billion.

Net balance of payments adjustments boosted less than $0.1 billion.

Exports of solutions increased $0.1 billion to $64.2 billion in July.

Other company solutions raised $0.2 billion.Charges for the usage of intellectual property increased $0.1 billion.Travel diminished $0.2 billion.

Imports (exhibits 4, 6, and also 8)

Imports of goods lessened $2.9 billion to $236.3 billion in July.

Imports of products on a Census basis decreased $2.5 billion.

Consumer goods reduced $2.1 billion.Toys, games, and also sporting items diminished $1.1 billion.Cell phones and other family products decreased $0.5 billion.Industrial provides and materials lessened $1.7 billion.Nonmonetary gold lessened $0.8 billion.Lumber decreased $0.7 billion.Automotive vehicles, components, and engines boosted $1.1 billion.Passenger cars enhanced $1.0 billion.

Net balance of payments adjustments lessened $0.3 billion.

Imports of solutions enhanced $2.4 billion to $46.6 billion in July.

Travel enhanced $1.0 billion.Charges for the use of intellectual residential or commercial property raised $0.9 billion. July imports contained legal rights to broadcast the 2020 Summer Olympic Gamings.Transport boosted $0.4 billion.

Real Goods in 2012 Dollars – Census Basis (exhilittle bit 11)

The real goods deficit diminished $4.8 billion to $100.1 billion in July.

Real exports of items raised $1.5 billion to $145.5 billion.Real imports of products lessened $3.4 billion to $245.6 billion.

Revisions

Exports and also imports of goods and also services were revised for January via June 2021 to incorpoprice more thorough and updated quarterly and also monthly data.

Revisions to June exports

Exports of products were revised up much less than $0.1 billion.Exports of services were revised up $2.4 billion.

Revisions to June imports

Imports of goods were revised up $0.1 billion.Imports of services were revised dvery own $0.2 billion.

Goods by Schosen Countries and also Areas: Monthly – Census Basis (exhibit 19)

The July figures show surpluses, in billions of dollars, via South and also Central America ($5.2), Hong Kong ($2.3), Brazil ($1.4), Singapore ($1.3), and also United Kingdom ($0.3). Deficits were taped, in billions of dollars, through China ($25.0), European Union ($18.1), Mexico ($8.5), Japan ($6.0), Germany ($5.6), Canada ($3.6), Italy ($3.5), Taiwan ($3.4), India ($2.8), South Korea ($2.1), France ($2.1), and also Saudi Arabia ($0.3).

The deficit through China lessened $2.0 billion to $25.0 billion in July. Exports boosted $0.1 billion to $13.0 billion and also imports decreased $2.0 billion to $38.0 billion.The deficit through Canada reduced $1.9 billion to $3.6 billion in July. Exports enhanced $2.0 billion to $26.9 billion and also imports increased $0.1 billion to $30.5 billion.The deficit with Mexico boosted $1.3 billion to $8.5 billion in July. Exports diminished $0.5 billion to $23.2 billion and imports boosted $0.8 billion to $31.7 billion.

Goods and also Services by Selected Countries and Areas: Quarterly – Balance of Payments Basis (exhibit 20)

Statistics on trade in items and also services by country and area are just available quarterly, through a one-month lag. With this release, second-quarter numbers are now easily accessible.

The second-quarter numbers show surpluses, in billions of dollars, through South and also Central America ($21.2), Hong Kong ($8.4), Brazil ($6.1), Singapore ($5.1), UK ($4.9), and Saudi Arabia ($2.0). Deficits were recorded, in billions of dollars, with China ($82.9), European Union ($37.7), Mexico ($26.0), Germany ($18.2), Japan ($14.8), India ($11.8), Taiwan ($9.5), Canada ($9.3), Italy ($9.3), France ($5.3), and also South Korea ($4.3).

The deficit with India enhanced $3.3 billion to $11.8 billion in the second quarter. Exports decreased $0.9 billion to $13.0 billion and imports enhanced $2.4 billion to $24.8 billion.The deficit through Canada enhanced $2.7 billion to $9.3 billion in the second quarter. Exports boosted $1.0 billion to $87.1 billion and also imports increased $3.6 billion to $96.4 billion.The deficit via China decreased $8.4 billion to $82.9 billion in the second quarter. Exports raised $1.3 billion to $47.8 billion and also imports reduced $7.0 billion to $130.7 billion.

See more: Why Does Sims 4 Take So Long To Download On Origin Take So Long To Install?

* * *

All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, consisting of not seasonally readjusted statistics and also details for products on a Census basis, are obtainable in exhibits 1-20b of this release. For indevelopment on data resources, interpretations, and also revision actions, see the explanatory notes in this release. The complete release have the right to be uncovered at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.nlinux.org/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is obtainable in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on nlinux.org’s webwebsite at www.nlinux.org/news/schedule.

* * *

Next off release: October 5, 2021, at 8:30 A.M. EDTU.S. Internationwide Trade in Goods and also Services, August 2021