Research >> Economics
Goods and Services Deficit Decreases in November 2008
The Nation's international deficit in goods and services decreased to $40.4 billion in November from $56.7 billion (revised) in October, as imports decreased more than exports.
Goods and Services
Exports decreased to $142.8 billion in November from $151.5 billion in October. Goods were $97.2 billion in November, down from $104.8 billion in October, and services were $45.6 billion in November, down from $46.7 billion in October.
Imports decreased to $183.2 billion in November from $208.2 billion in October. Goods were $149.7 billion in November, down from $173.8 billion in October, and services were $33.6 billion in November, down from $34.4 billion in October.
For goods, the deficit was $52.4 billion in November, down from $69.0 billion in October. For services, the surplus was $12.0 billion in November, down from $12.4 billion in October.
Posted: January 13, 2009 Tuesday 08:31 AM