U.S._Trade_Deficit_2011.png
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Summary
| Description |
English:
U.S. Trade Deficit
Net exports (exports less imports or X-M) is one of the components of GDP. In the U.S., net exports are negative, meaning imports are greater than exports. This is a trade deficit. Mathematically, a trade deficit reduces GDP, other things equal. The U.S. trade deficit decreased from $627.7 billion in 2019 to $617.7 billion in 2018, down $10.9 billion or 1.7%. [1] The U.S. trade deficit with China (goods only) decreased from $420 billion in 2018 to $346 billion in 2019, down $74 billion or 20%. [2] The Federal Reserve Economic Data (FRED) chart containing the trade deficit and GDP data for the image is available at the citations. [3] ReferencesObtaining data
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| Date | (UTC) |
| Source | Created by Farcaster using FRED and data from U.S. Bureau of Economic Analysis: https://fred.stlouisfed.org/graph/?graph_id=182834&category_id= |
| Author | Farcaster , FRED, U.S. Bureau of Economic Analysis |
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Original upload log
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| Date/Time | Dimensions | User | Comment |
|---|---|---|---|
| 2013-03-14 03:34 | 960×720× (10913 bytes) | Farcaster | |
| 2012-11-24 20:03 | 960×720× (10779 bytes) | Farcaster | |
| 2011-10-15 19:46 | 960×720× (10827 bytes) | Farcaster | {{Information |Description = U.S. Trade Deficit |Source = I (~~~) created this work entirely by myself. |Date = ~~~~~ |Author = ~~~~ |other_versions = }} |