Advanced Technology Trade

This chart shows the imports and exports of advanced technology as seen in Exhibit 16 of the U.S. International Trade in Goods and Services reports. I have adjusted the amounts by our CPI-U and have seasonally adjusted them.

It seems we're fully back on board the advanced technology rocketship, again. And when I say we, I might even mean the rest of the world, since their rocketship seems to be coming our way. In fact, I'm tempted to start looking for the advanced technology rocketship in Wal-Mart.



This chart shows the difference between our imports and our exports (as seen in the previous chart). It seems the falling dollar hasn't done much to close the trade deficit when it comes to advanced technology, but the rate of decline appears to be slowing. I suppose that's something.



This chart shows the percentage of our advanced technology exports as a percent of the total of our advanced technology trade (imports + exports).

Source Data:
U.S. Census Bureau: U.S. International Trade in Goods and Services
St. Louis Fed: Consumer Price Index for All Urban Consumers: All Items (Not Seasonally Adjusted)
The X-12-ARIMA Seasonal Adjustment Program