U.S. Trade Balance

Friday, 13 January 2012 03:58

According to Commerce Department, U.S. trade balance fell more than forecast in November.

Economists estimated decrease to 44.6 billion dollars, instead trade gap grew to 47.8 billion. It is a record 10.4% increase.
October’s data was revised to 43.5 billion deficit.

American Imports grew by 1.3% to total 225.6 billion dollars, against exports, which declined in November.