The trade deficit fell furniture offset by reduced imports of adverse factors

The United States Department of Commerce announced on the 11th of the data showed, as exports increased and imports decreased, the deficit of the United States in August than the previous month fell 2.4% to 7, the lowest level since.

Data shows that the United States exports of goods and services in August than the previous month increased by 0.4% to a record 138.3 billion US dollars. Imports fell 0.4% to 195.9 billion US dollars. The trade deficit in August for 57.6 billion US dollars, less than some analysts had expected.

On the export side, in August the United States and major agricultural products of steel, chemical products and other exports have reached a record high level. On the import side, because of rising oil prices, the United States oil and related products the same month, imports from July to 27.77 billion US dollars to 28.99 billion US dollars, over the past 11 months amounted to the highest level since. But car and furniture offset by reduced imports of the unfavorable factors.

The first eight months of this year, the United States trade deficit at an annual rate calculated for the 708 billion US dollars, than last year's record 758.5 billion US dollars dropped by 6.7%.

The United States trade deficit had been a record five consecutive years. But economists held that as the rest of the world and regional economic growth and the dollar to weaken, the United States trade deficit this year is expected to decline.

Data also show that in August the United States to Japan, the euro zone and Canada trade deficit have decreased, respectively, to 6.73 billion US dollars, 8.16 billion US dollars and 5.31 billion US dollars. The United States is Mexico's trade deficit of a substantial increase of 23.7%, reaching 6.95 billion US dollars.

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