U.S. trade decreases 4.60 percent through August

U.S. trade with the world rose to $2.39 trillion through the first eight months of 2016, according to a WorldCity analysis of the latest U.S. Census Bureau data.

That’s a 4.60 percent decrease since the same time period last year. The nation’s exports dropped 5.72 percent to $950.27 billion and imports dropped 3.84 percent to $1.44 trillion. The overall trade deficit was $485.45 billion up compared to the same period last year, when the deficit was $485.06 billion. Read more.

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