Imports of flat glass to the United States decreased notably in March while exports were virtually unchanged, according to DWM analysis of U.S. Department of Commerce data.

Imports in the “Glass-plate, sheet, etc.” category were down 16.1 percent from February to March, totaling $155 million for the month. Through the first quarter of the year, imports of the product amounted to $432 million, a slight 0.3-percent increase from the same span in 2016.

Exports were essentially flat in March, at $126 million compared to $125 million the prior month. Exports of the material have declined just 0.1 percent year-to-date from the same period last year, totaling $365 million from January-March 2017. The tepid March numbers follow a double-digit increase in January and a double-digit decrease in February.

Overall, the nation’s goods and services deficit was $43.7 billion in March, down $0.1 billion from $43.8 billion in February. March exports were $191.0 billion, $1.7 billion less than February exports. March imports were $234.7 billion, $1.7 billion less than February imports.

Year-to-date, the goods and services deficit increased $9.4 billion, or 7.5 percent, from the same period in 2016. Exports increased $38.0 billion or 7.1 percent. Imports increased $47.5 billion or 7.1 percent.


Leave a Reply

Your email address will not be published. Required fields are marked *