On January 12th, the U.S. Census Bureau released their Merchandise Trade data numbers for November. The Merchandise Trade deficit continued its yo-yoing growth/retraction trend again this month by growing 4.83% after October’s retraction of 7.36% (
click here to see October's U.S. Census data update). Both export and import totals decreased from October, but exports outpaced imports by declining 3.32%. This brings the deficit to $455 billion for the year, which is still 39% lower than the same period in 2008.
Below, Zepol highlights some of the surprises and interesting notes within this month’s Merchandise Trade results.
- Automotive Industry Continues Positive Trend
- Manufacturing Reported Up
- China Officially Becomes World’s Largest Exporter
- Gas Prices Increasing Amid Reports that Oil More Abundant
- Almonds are a Bright Spot in California
Click here for Zepol’s U.S. Census Merchandise Trade Data Update for November 2009