PART A: SEASONALLY ADJUSTED EXHIBIT 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES THREE-MONTH MOVING AVERAGES -- JANUARY 1997 TO JANUARY 1999 (In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) Revised.) Center Balance Month of Moving Total Goods (1) Services Average 1997 January --- --- --- February -9,377 -16,574 7,198 March -8,917 -16,245 7,328 April -8,914 -16,415 7,501 May -8,839 -16,366 7,527 June -8,720 -16,152 7,432 July -8,675 -16,128 7,452 August -9,036 -16,432 7,396 September -9,054 -16,568 7,514 October -9,162 -16,467 7,305 November -9,485 -16,613 7,127 December (R) -9,942 -16,918 6,976 1998 January (R) -10,653 -17,460 6,807 February (R) -11,791 -18,678 6,887 March (R) -13,164 -20,098 6,934 April (R) -14,506 -21,584 7,077 May (R) -14,745 -21,593 6,848 June (R) -15,089 -21,491 6,402 July (R) -15,413 -21,543 6,131 August (R) -15,500 -21,634 6,134 September (R) -15,096 -21,346 6,250 October (R) -14,574 -20,954 6,380 November (R) -14,394 -20,816 6,422 December -15,403 -21,862 6,459 1999 January February March April May June July August September October November December __________________________________________________________________________ Center Exports Month of Moving Total Goods (1) Services Average 1997 January --- --- --- February 75,395 54,500 20,895 March 76,840 55,723 21,117 April 77,725 56,312 21,413 May 78,005 56,413 21,592 June 78,450 56,789 21,661 July 78,907 57,122 21,786 August 79,310 57,434 21,876 September 79,807 57,771 22,035 October 79,794 57,899 21,895 November 79,820 58,095 21,725 December (R) 79,474 57,876 21,599 1998 January (R) 79,012 57,468 21,544 February (R) 78,732 57,064 21,668 March (R) 78,079 56,209 21,871 April (R) 77,691 55,665 22,027 May (R) 76,747 54,848 21,899 June (R) 75,859 54,345 21,514 July (R) 75,342 54,059 21,283 August (R) 75,786 54,472 21,314 September (R) 77,615 55,976 21,639 October (R) 78,934 57,090 21,844 November (R) 79,077 57,163 21,914 December 77,863 56,025 21,838 1999 January February March April May June July August September October November December __________________________________________________________________________ Center Imports Month of Moving Total Goods (1) Services Average 1997 January --- --- --- February 84,771 71,074 13,697 March 85,757 71,968 13,789 April 86,640 72,727 13,912 May 86,843 72,779 14,065 June 87,171 72,941 14,229 July 87,583 73,249 14,333 August 88,346 73,866 14,480 September 88,860 74,339 14,521 October 88,956 74,365 14,591 November 89,306 74,708 14,598 December (R) 89,417 74,794 14,623 1998 January (R) 89,665 74,928 14,737 February (R) 90,523 75,742 14,781 March (R) 91,243 76,306 14,937 April (R) 92,198 77,249 14,949 May (R) 91,492 76,441 15,051 June (R) 90,947 75,836 15,112 July (R) 90,755 75,602 15,152 August (R) 91,286 76,105 15,180 September (R) 92,711 77,322 15,389 October (R) 93,507 78,043 15,464 November (R) 93,471 77,979 15,492 December 93,266 77,887 15,379 1999 January February March April May June July August September October November December 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-99-55), Bureau of the Census, Foreign Trade Division, January 1999. For more information, contact Haydn R. Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), Foreign Trade Division.