PART A: SEASONALLY ADJUSTED EXHIBIT 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES THREE MONTH MOVING AVERAGES -- JANUARY 2002 TO March 2004 (In millions of dollars. Details may not equal totals due to seasonal adjustments and rounding. (R) Revised.) Balance Center Month of Moving Averages Total Goods (1) Services 2002 January --- --- --- February -30,018 -35,344 5,327 March -31,993 -37,437 5,444 April -33,342 -39,088 5,746 May -34,962 -40,429 5,467 June -34,910 -40,272 5,363 July -35,294 -40,686 5,392 August -35,660 -41,104 5,444 September -36,022 -41,552 5,530 October -36,815 -42,244 5,429 November -38,705 -44,080 5,375 December -40,323 -45,476 5,153 2003 January -40,309 -45,303 4,993 February -40,516 -45,314 4,798 March -41,171 -45,815 4,644 April -42,231 -46,814 4,583 May -41,367 -46,004 4,637 June -40,914 -45,561 4,647 July -40,250 -44,917 4,667 August -40,549 -45,416 4,867 September -40,913 -46,110 5,197 October -40,393 -45,860 5,467 November -40,872 -46,317 5,445 December -41,457 -46,793 5,337 2004 January (R) -42,758 -47,970 5,212 February -43,847 -49,075 5,229 March April May June July August September October November December _________________ Exports Center Month of Moving Averages Total Goods Services 2002 January --- --- --- February 78,815 55,099 23,715 March 79,513 55,647 23,866 April 80,337 56,267 24,069 May 81,233 57,141 24,092 June 81,993 57,729 24,263 July 82,498 58,070 24,428 August 82,605 58,105 24,500 September 82,340 57,659 24,680 October 82,457 57,624 24,832 November 82,050 56,947 25,104 December 82,017 56,898 25,118 2003 January 81,941 56,950 24,991 February 82,463 57,795 24,668 March 82,145 57,824 24,320 April 82,001 57,776 24,226 May 82,499 58,096 24,403 June 84,007 59,137 24,870 July 84,381 59,109 25,272 August 84,949 59,259 25,690 September 85,824 59,688 26,135 October 88,240 61,699 26,541 November 89,662 62,780 26,882 December 89,852 62,855 26,997 2004 January (R) 90,405 63,250 27,155 February 91,938 64,659 27,279 March April May June July August September October November December _________________ Imports Center Month of Moving Averages Total Goods Services 2002 January --- --- --- February 108,832 90,444 18,389 March 111,506 93,084 18,422 April 113,679 95,355 18,323 May 116,194 97,569 18,625 June 116,902 98,002 18,901 July 117,792 98,756 19,036 August 118,265 99,209 19,056 September 118,362 99,211 19,151 October 119,272 99,868 19,404 November 120,755 101,027 19,728 December 122,339 102,374 19,965 2003 January 122,251 102,253 19,998 February 122,979 103,110 19,869 March 123,315 103,639 19,676 April 124,233 104,590 19,643 May 123,866 104,100 19,766 June 124,921 104,698 20,223 July 124,632 104,026 20,606 August 125,499 104,675 20,823 September 126,737 105,799 20,938 October 128,633 107,559 21,074 November 130,534 109,097 21,437 December 131,308 109,648 21,660 2004 January (R) 133,163 111,220 21,943 February 135,785 113,735 22,050 March April May June July August September October November December NOTE: (1) Data presented on a Balance of Payments (BOP) basis. For information on data sources and methodology, see the information section on page 26 of this release, or at www.census.gov/foreign-trade/www/press.html or www.bea.gov/bea/rels.htm. NOTE: The three-month moving averages shown in this exhibit are computed by summing the subject month, the two prior months, dividing by three and showing the average at the center month of the period. Using this method, an average is not available for the current month. A centered moving average is useful in smoothing the volatile trade data so that trends can better be discerned. SOURCE: Report FT900 (CB-04-73, BEA-04-20), Bureau of the Census, Foreign Trade Division, March 2004. For more information, contact Haydn R. Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign Trade Division.