Strong Dollar Hurts Exports

The U.S. international trade deficit in goods and services increased to $48.3 billion in August from $41.8 billion in July (revised), as exports decreased and imports increased.

Exports decreased to $185.1 billion in August from $188.8 billion in July. Goods were $124.5 billion in August, down from $128.5 billion in July.

Imports increased to $233.4 billion in August from $230.6 billion in July. Goods were $192.4 billion in August, up from $189.8 billion in July. For goods, the deficit was $67.9 billion in August, up from $61.3 billion in July. S