Monthly U.S. trade deficit with China hits new record.

Posted by scapozzola on 12/11/2012

The latest monthly U.S. trade figures were released this morning by the Department of Commerce:

  •  The monthly U.S. international trade deficit in goods and services rose to $42.2 billion in October, up from $40.3 billion in September.
  • The goods deficit with China continued its rapid ascent, rising to $29.5 billion in October, up from $29.1 billion in September.  This is the largest single monthly goods deficit with China in U.S. history

 

Related recent Blogs

@KeepitMadeinUSA on Twitter

  • We agree! RT@tomhanks: Great summer reading. I give it 42 stars. No, I give it 142 stars. Yeah, it's THAT good. Hanx. http://t.co/6GoomroCPK 18 hours 42 min ago
  • ICYMI: @VP talks infrastructure in a new video: http://t.co/15CJIHrjwU It's time for a long-term plan to #RebuildAmerica. 19 hours 54 min ago
  • 87% of Democrats & more than 90% of Republicans think this is an important issue. http://t.co/iWq1gepeyW 1 day 16 hours ago
  • The White House & Congress joined forces to strengthen workforce training — and they can do more to help workers: http://t.co/Jath06pjr0 1 day 17 hours ago
  • .@VP talks infrastructure in a new video: http://t.co/15CJIHrjwU It's time for a long-term plan to Rebuild America: http://t.co/XA0xKcTBjm 1 day 17 hours ago
  • Hey @BarackObama: We think strengthening workforce training is great. Now let's make sure workers can find jobs. http://t.co/ihrgEibD9W 1 day 17 hours ago
  • RT @ScottPaulAAM: Rarity: D&R voters overwhelmingly agree #TPP should prohibit currency manipulation. So do House & Senate. More here: http… 1 day 18 hours ago
  • Trade agreements shld have mechanisms allowing U.S. to take action if currency manipulation is found to be taking place, @ScottPaulAAM says. 1 day 18 hours ago
  • Americans are united: Lawmakers must work to prohibit currency manipulation when negotiating trade deals. http://t.co/bVXitD5Sno 1 day 18 hours ago
  • Currency manipulation isn't always on the minds of Americans, but they oppose trade deals unless it's prohibited. http://t.co/TeXTOFKnMi 1 day 18 hours ago