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
- U.S. Named Among “Rising Global Stars” in Manufacturing • by elizabethbb • 08/20/2014
- If America Won’t Invest in America’s Infrastructure, China Will • by elizabethbb • 08/19/2014
- Yes, Manufacturing Jobs Are Coming Back. But Will Progress Happen Fast Enough? • by elizabethbb • 08/18/2014
- Improving Our Railways: A Key Part of Rebuilding America • by elizabethbb • 08/14/2014
- Five Tests Walmart Must Pass to Show its 'Made In America' Street Cred • by spaul • 08/13/2014
- More Evidence the "Jobs Recovery" Isn’t All It’s Cracked Up to Be • by elizabethbb • 08/12/2014
- More Work to Do, Indeed • by elizabethbb • 08/11/2014
- August 8, 2014: Maury is a close second to trade data in our book • by mmcmullan • 08/08/2014
- WTO Upholds Ruling Finding China Guilty in Rare Earths Export Restraints Case: Alliance for American Manufacturing statement. • by scapozzola • 08/07/2014
- No, Technology Isn’t an Automatic Job Killer • by elizabethbb • 08/07/2014