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Spending on Treatment for Diseases and Medical Conditions

New! 2013 Data Availableinfographic-final-health-care-2013-stat-without-title

More medical conditions and price index data available at http://www.bea.gov/national/health_care_satellite_account.htm

September 2016 Trade Gap is $36.4 Billion

The U.S. monthly international trade deficit decreased in September 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $40.5 billion in August (revised) to $36.4 billion in September, as exports increased and imports decreased. The previously published August deficit was $40.7 billion. The goods deficit decreased $2.6 billion in September to $57.5 billion. The services surplus increased $1.4 billion in September to $21.1 billion.

good-and-services-trade-nov-4

Exports
Exports of goods and services increased $1.0 billion, or 0.6 percent, in September to $189.2 billion. Exports of goods increased $0.6 billion and exports of services increased $0.4 billion.

  • The increase in exports of goods mostly reflected increases in capital goods ($1.6 billion) and in consumer goods ($0.7 billion). A decrease in foods, feeds, and beverages ($1.7 billion) was partly offsetting.
  • The increase in exports of services reflected an increase in travel (for all purposes including education) ($0.4 billion).

Imports
Imports of goods and services decreased $3.0 billion, or 1.3 percent, in September to $225.6 billion. Imports of goods decreased $2.0 billion and imports of services decreased $1.0 billion.

  • The decrease in imports of goods mostly reflected decreases in capital goods ($1.7 billion) and in consumer goods ($0.8 billion). An increase in automotive vehicles, parts, and engines ($1.2 billion) was partly offsetting.
  • The decrease in imports of services reflected a decrease in charges for the use of intellectual property ($1.2 billion), which in August included payments for the rights to broadcast the 2016 Summer Olympic Games.

For more detailed information on trade by type of good or service and with major trading partners, see U.S. International Trade in Goods and Services: September 2016.

For more information, read the full report.

Gross Domestic Product by Industry: Second Quarter 2016 Annual Update: 2013 through First Quarter 2016

Transportation and warehousing; health care and social assistance; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the second quarter of 2016. Overall, 15 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the second quarter.

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  • Transportation and warehousing increased 14.0 percent in the second quarter, after decreasing 6.7 percent in the first quarter.
  • Health care and social assistance increased 4.7 percent, after decreasing 1.6 percent.
  • Professional, scientific, and technical services increased 3.7 percent, after increasing 3.4 percent.

real-value-added-by-industry-nov-3

For more information, read the full report.


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