Net Exports of Goods & Services
Exports minus imports — persistent deficits reflect U.S. consumption of foreign production
-1.0$T
Trend YoY growth is -0.0%, slowing by 1 bps/month over the last 3Y. Latest: -0.1%, 3 bps below trend, a 1.0σ deviation.
Level
YoY %
y = 0.1% − 1 bps/mo · t
Deviation from trend