
US trade deficit jumped to its highest level in ten months after the economic recovery has led to increased imports. The commerce department said that the deficit rose by 9.7% in November to 36.4 billion dollars , more than economists estimated that it exprcted 34.5 billion dollars. Exports also went up by 0.9% for the seventh month in a row. The deficit with China rose 10.8% in the same month to 20.2 billion dollars , with exports to China rose to the highest level ever. However, the deficit with China remained the largest compared with other countries , although it decline by 15.9% compared with the same month in 2008. In the first eleven months in 2009 , trade deficit of 371.59 billion dollars compared with 695.94 billion dollars in the corresponding period last year. The numbers reflect the economic recession in the United States , which led lower consumer demand for foreign products.


Aucun commentaire:
Enregistrer un commentaire