Economics and Statistics Administration

WASHINGTON – Today U.S. Deputy Secretary of Commerce Rebecca Blank issued a statement announcing that U.S. goods and services exports reached an all-time record in 2012, totaling $2.2 trillion. Export records were seen across the board, including in: capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism. This announcement follows the release of the 2012 U.S. International Trade in Goods and Services (PDF) data by the Commerce Department’s Census Bureau and Bureau of Economic Analysis.  

Washington, DC - The U.S. Department of Commerce today released findings on the differences between the official trade statistics produced by the United States and China.

WASHINGTON, D.C. – The U.S. Commerce Department’s Economics and Statistics Administration today released a new report that assesses the importance of manufacturing to local economies throughout the United States. The manufacturing sector added roughly 500,000 new jobs from the beginning of 2010 through the end of 2012, and contributed more than 25 percent of the overall growth in gross output between 2009 and 2011. 

The U.S. Commerce Department’s Census Bureau and Bureau of Economic Analysis today released the balance of foreign trade for September 2012. The trade deficit narrowed 5.1 percent from August to September, to $41.5 billion–significantly better than market expectations that the monthly deficit would grow. Exports rose 3.1 percent, to $187.0 billion, and imports increased 1.5 percent, to $228.5 billion. Goods exports increased by $5.4 billion to a record high $134.0 billion. Services exports rose by $0.3 billion to $53.0 billion, also a record high. 

Acting U.S. Secretary of Commerce Rebecca Blank issued the following statement today on the release of the July 2012 U.S. International Trade in Goods and Services report (PDF) (July 2012) by the Commerce Department’s Census Bureau and Bureau of Economic Analysis.  U.S. goods and services exports in July 2012 were down 1.0 percent from June 2012 to reach $183.3 billion and imports declined 0.8 percent to $225.3 billion.