January 13, 2011
Slight Drop In Trade Deficit
The U.S. trade deficit fell slightly in November, as both exports and imports rose.
The country's imports totaled $198 billion, and exports totaled $159.6 billion, resulting in a deficit of $38.3 billion. That was down from $38.4 billion.
Both imports and exports of goods rose, and the goods deficit rose slightly to $51.2 billion. The country's services surplus increased, while both imports and exports of services declined.
The total trade deficit was up $3 billion from November 2009.
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