{"id":959,"date":"2009-03-13T17:26:51","date_gmt":"2009-03-13T22:26:51","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=959"},"modified":"2009-03-13T17:26:51","modified_gmt":"2009-03-13T22:26:51","slug":"us-trade-deficit-shrinks-by-97-falls-for-sixth-month-in-a-row","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/03\/13\/us-trade-deficit-shrinks-by-97-falls-for-sixth-month-in-a-row\/","title":{"rendered":"US Trade deficit shrinks by 9.7%, falls for sixth month in a row."},"content":{"rendered":"<p>The United States trade deficit fell more than expected in January and declined for the sixth straight month according to a release by the Commerce Department today. The U.S. trade deficit in goods and services was $36.0 <a href=\"http:\/\/gator1055.hostgator.com\/~alawai44\/fx\/wp-content\/uploads\/2009\/03\/250150tendollarsfree.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-961\" title=\"250150tendollarsfree\" src=\"http:\/\/gator1055.hostgator.com\/~alawai44\/fx\/wp-content\/uploads\/2009\/03\/250150tendollarsfree.gif\" alt=\"250150tendollarsfree\" width=\"250\" height=\"150\" \/><\/a>billion in January, a decline of 9.7 percent from a revised deficit of $39.9 billion in December. Market forecasts were expecting a deficit of approximately $38.0 billion for the month. The trade deficit is now at its lowest point in six years as import demand has slowed in the U.S. recession.<\/p>\n<p>The U.S. had a total of $124.9 billion worth of exports in January which was a decrease of $7.6 billion over December&#8217;s $132.5 billion total. January also saw a fall in imports as imports totaled $160.9 billion compared with $172.4 billion in December for a decrease of $11.5 billion for the month.<\/p>\n<p>The U.S. trade deficit with China increased in January with a $20.6 billion shortfall and reversing a decline in December. Other notable U.S. trade deficits were with Japan at $4.3 billion, the European Union at a $3.5 billion, OPEC at $4.0 billion and Mexico at $2.7 billion. U.S. trade surpluses with other countries for January included Hong Kong at $1.0 billion, Australia at $0.6 billion, Singapore at $0.7 billion and Egypt at $0.2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Friday, March 13th &#8211; The United States trade deficit fell more than expected in January and declined for the sixth straight month&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-959","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=959"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/959\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}