fracking

February Trade Data Points to Some Bad Signs

The U.S. February 2016 monthly trade deficit increased 2.6% from last month and now stands at -$47.1 billion.  America still runs a surplus in services, now at $17.7 billion, but the goods deficit is still massive and this month was -$64.7 billion.  The U.S. trade deficit hasn't been this high since August 2015.

Trade Deficit Declines 7.7% on Crude Oil Imports

The U.S. November 2014 monthly trade deficit declined -7.7% from last month and now stands at -$39 billion.  America still runs a surplus in services, now at $19.3 billion, but the goods deficit is still massive and this month was -$58.3 billion.  This month's trade deficit reduction is due to less crude oil imports and lower oil prices.