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Total
April exports of $193.3 billion and imports of $240.6 billion resulted in a goods
and services deficit of $47.2 billion, up from $44.2 billion in March.
April exports were $0.3 billion less than March exports of $193.7 billion.
April imports were $2.7 billion more than March imports of $237.8 billion.
In
April, the goods deficit increased $3.3 billion from March to $65.8 billion,
and the services surplus increased $0.2 billion from March to $18.6 billion.
Exports of goods decreased $0.6 billion to $135.1 billion, and imports of goods
increased $2.7 billion to $200.9 billion. Exports of services increased $0.3
billion to $58.2 billion, and imports of services increased $0.1 billion to
$39.7 billion.
The
goods and services deficit increased $6.8 billion from April 2013 to April
2014. Exports were up $5.6 billion, or 3.0 percent, and imports were up $12.4
billion, or 5.4 percent.
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On
a global scale, data compiled by the Netherlands
Bureau for Economic Policy Analysis showed that
world trade volume decreased by 0.5 percent in March while prices rose by 0.2
percent.
The foregoing comments represent the
general economic views and analysis of Delphi
Advisors, and are provided solely for the purpose of information, instruction
and discourse. They do not constitute a solicitation or recommendation
regarding any investment.
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