
PART A:    SEASONALLY ADJUSTED

EXHIBIT 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES 
           THREE-MONTH MOVING AVERAGES 
           JANUARY 1993 TO SEPTEMBER 1995

(In millions of dollars. Details may not equal totals due to seasonal
adjustment and rounding. (R) Revised.)
                         

                               
    Center
   Month of                       Balance
    Moving
    Average         Total        Goods (1)      Services

  1993

January                   ---            ---            ---
February               -4,525         -9,653          5,128
March                  -5,313        -10,436          5,123
April                  -5,837        -10,797          4,960
May                    -6,265        -11,195          4,931
June                   -6,646        -11,611          4,966

July                   -7,226        -12,198          4,972
August                 -7,328        -12,201          4,874
September              -7,487        -12,227          4,739
October                -7,860        -12,206          4,346
November               -6,830        -11,156          4,326
December               -6,472        -10,737          4,265

  1994

January                -7,088        -11,439          4,350
February               -7,672        -12,163          4,491
March                  -8,317        -12,854          4,538
April                  -8,176        -13,003          4,827
May                    -8,974        -13,831          4,856
June                   -9,619        -14,639          5,020

July                   -9,692        -14,691          4,999
August                 -9,604        -14,876          5,273
September              -9,289        -14,575          5,286
October                -9,414        -14,928          5,514
November               -9,157        -14,497          5,340
December               -9,303        -14,787          5,484

  1995

January                -9,226        -14,446          5,220
February               -9,664        -14,868          5,204
March                  -9,930        -15,048          5,118
April                 -10,355        -15,617          5,261
May                   -11,046        -16,269          5,223
June                  -11,082        -16,233          5,151

July (R)              -10,275        -15,409          5,134
August                 -9,298        -14,480          5,182
September                 ---            ---            ---
October  
November
December
_______________________________________________________________

    Center
   Month of                       Exports
    Moving
    Average         Total        Goods (1)      Services

  1993

January                   ---            ---            ---
February               52,826         37,288         15,538
March                  53,349         37,647         15,701
April                  54,077         38,462         15,615
May                    53,688         38,044         15,644
June                   53,190         37,537         15,654

July                   52,730         36,993         15,737
August                 52,872         37,192         15,680
September              53,880         38,115         15,765
October                54,364         38,795         15,569
November               55,474         39,751         15,723
December               55,162         39,630         15,531

  1994

January                54,716         39,031         15,685
February               55,410         39,481         15,928
March                  56,066         39,956         16,110
April                  57,323         40,955         16,368
May                    57,274         40,909         16,365
June                   57,507         40,934         16,572

July                   58,659         42,015         16,644
August                 59,424         42,461         16,963
September              60,402         43,423         16,979
October                60,874         43,676         17,199
November               61,625         44,643         16,983
December               62,366         45,178         17,188

  1995

January                62,493         45,577         16,916
February               63,212         46,169         17,043
March                  63,949         46,914         17,035
April                  65,116         47,803         17,313
May                    64,869         47,615         17,254
June                   64,534         47,352         17,182

July (R)               64,732         47,611         17,121
August                 65,614         48,437         17,177
September                 ---            ---            ---
October  
November
December
_______________________________________________________________

    Center
   Month of                       Imports
    Moving
    Average         Total        Goods (1)      Services

  1993

January                   ---            ---            ---
February               57,352         46,941         10,410
March                  58,661         48,083         10,578
April                  59,914         49,259         10,655
May                    59,953         49,239         10,713
June                   59,836         49,148         10,688

July                   59,955         49,191         10,765
August                 60,200         49,393         10,806
September              61,367         50,342         11,025
October                62,224         51,001         11,223
November               62,304         50,907         11,397
December               61,634         50,368         11,267

  1994

January                61,804         50,470         11,334
February               63,081         51,644         11,437
March                  64,383         52,810         11,573
April                  65,499         53,958         11,541
May                    66,249         54,740         11,509
June                   67,126         55,574         11,552

July                   68,350         56,705         11,645
August                 69,028         57,338         11,690
September              69,691         57,998         11,692
October                70,289         58,604         11,685
November               70,782         59,140         11,643
December               71,669         59,965         11,704

  1995

January                71,719         60,024         11,695
February               72,876         61,037         11,839
March                  73,879         61,962         11,917
April                  75,472         63,420         12,051
May                    75,914         63,884         12,031
June                   75,616         63,585         12,031

July (R)               75,008         63,020         11,987
August                 74,912         62,916         11,996
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-95-207), Bureau of the Census, Foreign Trade
        Division, SEPTEMBER 1995.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.