PART A: SEASONALLY ADJUSTED EXHIBIT 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES THREE MONTH MOVING AVERAGES -- JANUARY 2002 TO April 2004 (In millions of dollars. Details may not equal totals due to seasonal adjustments and rounding.) Balance Center Month of Moving Averages Total Goods (1) Services 2002 January -28,633 -33,416 4,783 February -29,614 -34,280 4,667 March -31,254 -36,133 4,879 April -32,691 -37,788 5,097 May -33,167 -38,679 5,512 June -34,457 -39,787 5,330 July -34,513 -39,709 5,196 August -35,240 -40,412 5,172 September -35,639 -40,803 5,164 October -35,908 -41,135 5,227 November -37,043 -42,140 5,097 December -39,228 -44,243 5,015 2003 January -41,369 -46,076 4,707 February -41,627 -46,092 4,466 March -41,796 -45,981 4,185 April -42,184 -46,171 3,986 May -42,335 -46,272 3,937 June -41,127 -45,178 4,051 July -40,559 -44,677 4,118 August -40,345 -44,442 4,097 September -40,750 -44,878 4,128 October -40,975 -45,378 4,403 November -40,912 -45,494 4,583 December -41,832 -46,480 4,649 2004 January -43,060 -47,619 4,559 February -44,791 -49,295 4,505 March -45,644 -50,256 4,612 April -46,694 -51,450 4,756 May June July August September October November December _________________ Exports Center Month of Moving Averages Total Goods Services 2002 January 78,377 55,375 23,002 February 78,411 55,076 23,335 March 78,736 55,041 23,695 April 79,609 55,687 23,922 May 80,652 56,450 24,202 June 81,641 57,345 24,297 July 82,206 57,752 24,454 August 82,696 58,097 24,599 September 82,790 58,124 24,666 October 82,618 57,723 24,895 November 82,566 57,483 25,084 December 82,147 56,769 25,378 2003 January 82,084 56,771 25,313 February 82,046 56,889 25,157 March 82,666 57,820 24,846 April 82,424 57,899 24,524 May 82,342 57,876 24,466 June 82,824 58,185 24,640 July 84,258 59,110 25,148 August 84,766 59,249 25,517 September 85,242 59,417 25,824 October 86,073 59,776 26,297 November 88,083 61,390 26,693 December 89,436 62,286 27,150 2004 January 89,699 62,457 27,241 February 90,501 63,077 27,424 March 92,279 64,640 27,639 April 93,961 65,997 27,963 May June July August September October November December _________________ Imports Center Month of Moving Averages Total Goods Services 2002 January 107,010 88,791 18,219 February 108,025 89,356 18,669 March 109,989 91,173 18,816 April 112,300 93,475 18,825 May 113,819 95,128 18,690 June 116,099 97,132 18,967 July 116,719 97,461 19,258 August 117,936 98,509 19,427 September 118,428 98,926 19,502 October 118,526 98,857 19,668 November 119,609 99,622 19,987 December 121,375 101,012 20,364 2003 January 123,453 102,847 20,607 February 123,673 102,981 20,691 March 124,462 103,801 20,661 April 124,608 104,070 20,538 May 124,677 104,148 20,528 June 123,951 103,362 20,589 July 124,817 103,787 21,030 August 125,111 103,691 21,420 September 125,991 104,295 21,696 October 127,048 105,154 21,894 November 128,994 106,884 22,110 December 131,267 108,766 22,501 2004 January 132,759 110,076 22,683 February 135,292 112,372 22,920 March 137,923 114,896 23,027 April 140,655 117,447 23,207 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-04-92, BEA-04-27), Bureau of the Census, Foreign Trade Division, April 2004. For more information, contact Haydn R. Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign Trade Division.