US advance good trade balance at a record level
- US advance trade balance for January 2022 comes in at 107.63 billion
- Trade deficit is up $7.2 billion versus December
- Exports of goods were $154.8 billion. Which was $2.8 billion less than December
- Imports for January were $262.5 billion which is $4.4 billion more than Decembers imports
- The goods trade deficit was the largest on record
- Exports year on year are up 15.3%
- Imports year on year are up 19.7%.
