Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

January 13, 2012

U.S. Trade Deficit Expanded In November

By Rick Saia

The nation's trade deficit - the difference in value between what the United States imports and exports - widened to nearly $48 billion in November, the government announced.

In October, the deficit had shrunk to its lowest level of the year at $43.3 billion. The November rise followed four straight months of declines.

The gap was due to a $4.6 billion increase in the deficit of goods, bringing the total deficit in goods for the month to $63.2 billion. The U.S. has a surplus in its services trade of $15.4 billion. In November, that surplus increased slightly by about $100 million.

All told for November, the U.S. exported $177.8 billion in goods and services but imported $225.6 billion.

Sign up for Enews

WBJ Web Partners

Most Recent

Most Recent

0 Comments

Order a PDF