South By North Strategies, Ltd.

From the federal government’s latest trade report …

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total February exports of $143.2 billion and imports of $182.9 billion resulted in a goods and services deficit of $39.7 billion, up from $37.0 billion in January, revised. February exports were $0.3 billion more than January exports of $142.9 billion. February imports were $3.0 billion more than January imports of $179.8 billion.
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In February, the goods deficit increased $1.9 billion from January to $51.3 billion, and the services surplus decreased $0.8 billion to $11.6 billion. Exports of goods increased $0.1 billion to $98.5 billion, and imports of goods increased $2.0 billion to $149.8 billion. Exports of services increased $0.2 billion to $44.7 billion, and imports of services increased $1.0 billion to $33.1 billion.
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In February, the goods and services deficit increased $13.2 billion from February 2009. Exports were up $17.9 billion, or 14.3 percent, and imports were up $31.1 billion, or 20.5 percent.