Automotive Exports Hit Record High in August
U.S. automotive exports hit a record high in August at $13.1 billion in goods value, according to Census Bureau trade statistics (here). The $0.7 billion increase in automotive vehicles, parts, and engines exports played a large part in hitting the…
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record figure, Census said. The U.S. international trade deficit in goods and services increased to $38.8 billion in August from $38.6 billion in July, Census said on Oct. 24 (see 13102418). Industrial supplies and materials and foods, feeds and beverages exports decreased from July to August.