Investing
2011 Trade Deficit Hits 3-Year High, Over $550 Billion
Published:
Last Updated:
Source: Jon Ogg
The November trade gap from the prior month was originally reported as $47.75 billion., but that was revised lower to $47.06 billion.
The full preliminary figure for the trade deficit in 2011 is up 11.6% from 2010 at a level of $558.02 billion. That is the highest level since 2008. The deficit with China also hit a new record with an 8% gain to $295.46 billion.
JON C. OGG
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
