US goods and services deficit widens to $105.6B in August

BEA · yesterday
  • August goods and services deficit: $105.6 billion, up 13.7% from a revised $92.8 billion in July.
  • Exports rose to $315.2 billion (+$4.5 billion) while imports climbed to $420.8 billion (+$17.2 billion), widening the goods deficit by $12.8 billion to $136.6 billion.
  • Capital goods imports jumped $6.2 billion, led by a $2.4 billion rise in semiconductors and $1.3 billion in other industrial machinery; industrial supplies imports rose $9.1 billion on crude oil (+$3.3 billion) and nonmonetary gold (+$3.1 billion).
  • Year-to-date the deficit narrowed $138.2 billion, or 19.9%, from the same 2025 period, with exports up 11.8% and imports up 4.4%.
  • The three-month moving average deficit rose $9.9 billion to $89.9 billion, with average imports up $8.3 billion to $404.3 billion.

Quotes

“August exports were $315.2 billion, $4.5 billion more than July exports.”— U.S. Bureau of Economic Analysis
“August imports were $420.8 billion, $17.2 billion more than July imports.”— U.S. Bureau of Economic Analysis
“The average goods and services deficit increased $9.9 billion to $89.9 billion for the three months ending in August.”— U.S. Bureau of Economic Analysis

Sources