The U.S. monthly international trade deficit decreased in February 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $130.7 billion in January (revised) to $122.7 billion in February, as exports increased and imports decreased. The goods deficit decreased $8.8 billion in February to $147.0 billion. The services surplus decreased $0.8 billion in February to $24.3 billion. Full Text

The Arts and Cultural Production Satellite Account released by the U.S. Bureau of Economic Analysis shows that arts and cultural economic activity, adjusted for inflation, increased 6.6 percent in 2023 after increasing 3.8 percent in 2022. By comparison, the broader economy, as measured by real gross domestic product (GDP), increased 2.9 percent in 2023 after increasing 2.5 percent in 2022. Arts and cultural economic activity accounted for 4.2 percent of GDP, or $1.17 trillion, in 2023. Full Text