                                        
Part A: Seasonally Adjusted
Exhibit 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
THREE MONTH MOVING AVERAGES -- January 2005 to July 2007

(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

2005                                                                    

January                      -56,417            -61,654            5,237
February                     -55,931            -61,495            5,564
March                        -55,547            -61,463            5,916
April                        -55,758            -61,810            6,052
May                          -55,363            -61,448            6,085
June                         -56,890            -62,841            5,951

July                         -57,430            -63,427            5,997
August                       -57,998            -64,022            6,024
September                    -60,318            -66,440            6,121
October                      -63,385            -69,593            6,207
November                     -65,605            -71,796            6,191
December                     -65,370            -71,639            6,269

2006                                                                    

January                      -64,729            -71,026            6,296
February                     -63,961            -70,086            6,125
March                        -63,237            -69,252            6,015
April                        -62,297            -68,264            5,967
May                          -63,409            -69,642            6,233
June                         -64,192            -70,425            6,233

July                         -65,932            -72,137            6,205
August                       -66,563            -72,883            6,320
September                    -66,436            -72,966            6,530
October                      -63,307            -70,219            6,913
November                     -60,256            -67,547            7,291
December                     -58,975            -66,779            7,804

2007                                                                    

January (R)                  -58,591            -66,490            7,900
February (R)                 -58,400            -66,238            7,839
March (R)                    -59,193            -66,955            7,762
April (R)                    -59,738            -67,862            8,124
May (R)                      -60,315            -68,857            8,541
June (R)                     -59,229            -68,071            8,842

July                         -59,429            -68,327            8,898
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
                                        

_________________

Exports

Center Month
of Moving Averages
                           Total              Goods            Services

2005                                                                    

January                      101,220             70,333           30,887
February                     102,306             71,163           31,144
March                        102,917             71,464           31,453
April                        104,369             72,679           31,690
May                          105,499             73,627           31,872
June                         106,295             74,356           31,939

July                         106,470             74,339           32,131
August                       107,265             74,983           32,282
September                    107,363             74,773           32,590
October                      108,100             75,164           32,937
November                     108,819             75,604           33,215
December                     111,115             77,617           33,497

2006                                                                    

January                      112,871             79,181           33,690
February                     114,189             80,363           33,826
March                        115,212             81,293           33,919
April                        115,930             81,866           34,064
May                          117,352             82,856           34,496
June                         118,858             84,153           34,706

July                         119,915             85,067           34,848
August                       121,180             86,232           34,949
September                    121,956             86,762           35,194
October                      123,525             87,809           35,716
November                     124,628             88,280           36,348
December                     125,874             88,829           37,046

2007                                                                    

January (R)                  126,857             89,591           37,266
February (R)                 126,768             89,518           37,250
March (R)                    127,386             90,039           37,347
April (R)                    127,916             90,186           37,730
May (R)                      130,178             91,811           38,367
June (R)                     131,897             93,113           38,784

July                         134,739             95,616           39,123
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
                                        

_________________

Imports

Center Month
of Moving Averages
                           Total              Goods            Services

2005                                                                    

January                      157,638            131,987           25,651
February                     158,237            132,657           25,580
March                        158,464            132,927           25,537
April                        160,127            134,489           25,639
May                          160,862            135,075           25,787
June                         163,185            137,197           25,988

July                         163,900            137,765           26,134
August                       165,263            139,005           26,257
September                    167,681            141,213           26,468
October                      171,485            144,756           26,729
November                     174,424            147,401           27,024
December                     176,484            149,256           27,228

2006                                                                    

January                      177,601            150,207           27,394
February                     178,150            150,449           27,701
March                        178,450            150,546           27,904
April                        178,227            150,130           28,097
May                          180,761            152,498           28,263
June                         183,051            154,578           28,473

July                         185,847            157,205           28,642
August                       187,743            159,114           28,628
September                    188,392            159,728           28,664
October                      186,832            158,028           28,804
November                     184,885            155,828           29,057
December                     184,850            155,608           29,242

2007                                                                    

January (R)                  185,448            156,082           29,366
February (R)                 185,168            155,757           29,411
March (R)                    186,579            156,994           29,585
April (R)                    187,654            158,048           29,606
May (R)                      190,494            160,668           29,826
June (R)                     191,125            161,184           29,941

July                         194,169            163,944           30,225
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 27 of this
release, or at www.census.gov/ft900 or www.bea.gov/bea/di/home/trade.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 end month of the period.  A moving average is useful in
smoothing the volatile trade data so that trends can better be discerned.
                                                  
SOURCE: Report FT900 (CB-07-125, BEA-07-40), Bureau of the Census, Foreign
Trade Division, July 2007.  For more information, contact Nick Orsini
(301-763-6959) or Vanessa Ware (301-763-2311), Foreign Trade Division.
