14-Jan-2011 1:19 PM

US exports highest since Aug-2008; record exports to China

US Department of Commerce stated (13-Jan-2011) US exports of goods and services in Nov-2010 increased 0.8% from Oct-2010 to USD159.6 billion, the highest level for monthly exports since Aug-2008 (USD162.9 billion) and with record exports to China (USD9.5 billion). US imports of goods and services increased 0.6% over this period to USD198.0 billion, decreasing the trade deficit 0.3% since Oct-2010 to USD38.3 billion in Nov-2010. The improvement in the goods and services trade balance was due to a record monthly surplus in trade in services (USD12.9 billion).

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More