The US August 2011 trade report was recently released and there is not a lot of news on the trade front. US exports and imports for August held steady from July at $178B and $223B respectively. Likewise the US trade deficit held steady at $45B. For Texas, there was a little bit of news since July, exports increased in August to $22B and imports increased to $28B. The Texas trade deficit increased in August to $6B.