The U.S. February 2016 monthly trade deficit increased 2.6% from last month and now stands at -$47.1 billion. America still runs a surplus in services, now at $17.7 billion, but the goods deficit is still massive and this month was -$64.7 billion. The U.S. trade deficit hasn't been this high since August 2015.
The U.S. November 2014 monthly trade deficit declined -7.7% from last month and now stands at -$39 billion. America still runs a surplus in services, now at $19.3 billion, but the goods deficit is still massive and this month was -$58.3 billion. This month's trade deficit reduction is due to less crude oil imports and lower oil prices.
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