UPDATED:
1/13/2012 9:15:00 AM
Write a Letter to the Editor
Tweet
Print This
The U.S. trade deficit expanded by 10.4% in November as exports declined to a four-month low, the Commerce Department said Friday.
The gap between imports and exports rose to $47.8 billion, the highest since June, from a revised $43.3 billion in October that was lower than originally reported, Commerce figures showed.
Economists had projected the deficit would widen to $45 billion from the previously estimated $43.5 billion in October, Bloomberg reported.
Exports decreased 0.9% to $177.8 billion as shipments to Europe declined, Bloomberg said.
Imports rose 1.3% to $225.6 billion, the highest in six months, as crude oil and automobile imports rose.
Follow Transport Topics on RSS Twitter Facebook
Tweet
Print This
© 2011, Transport Topics Publishing Group. All rights reserved.
RELATED ARTICLES
U.S. Trade Deficit Widens in November (1/13/2012 9:15:00 AM)
U.S. Trade Deficit Narrows in October (12/9/2011 9:00:00 AM)
U.S. Trade Deficit Narrows; Exports Hit Record (11/10/2011 9:00:00 AM)
Economy Remains Top Issue For Industry, ATRI Poll Says (10/24/2011 2:30:00 AM)
U.S. Trade Deficit Unchanged in August (10/13/2011 8:50:00 AM)
U.S. Trade Deficit Narrows 13.1% (9/8/2011 9:50:00 AM)
