U.S. Glass Trade Activity Increases in February

April 20th, 2017 by Nick St. Denis

Exports and imports of flat glass in the U.S. increased in February, according to DWM’s analysis of U.S. Department of Commerce data.

Exports in the “glass-plate, sheet, etc.” category increased 10.5 percent to $126 million in February from January but decreased 14.9 percent year-to-date. Exports through the first two months totaled $240 million.

The notable year-to-date dip was due to a significant 20.8 percent year-over-year decrease in January.

Imports of the material increased 4.7 percent to $155 million in February month-over-month, and the $302 million year-to-date total represents a 2.7-percent bump from the same time last year.

Overall, the nation’s goods and services deficit was $43.6 billion in February, down $4.6 billion from $48.2 billion in January.

February exports were $192.9 billion, $0.4 billion more than January. February imports were $236.4 billion, $4.3 billion less than January.

Year-to-date, the goods and services deficit increased $2.8 billion, or 3.1 percent, from the same period in 2016. Exports increased $25.8 billion (7.2 percent). Imports increased $28.6 billion (6.4 percent).

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