U.S. trade deficit in November 2012 jumped sharply. Recorded 48.7 billion dollar deficit.

U.S. trade deficit in November 2012 jumped sharply. Recorded 48.7 billion dollar deficit.



The deficit occurred because the depressed U.S. exports, while imports jumped it. Deficit accumulated in the month of November 2012 is higher than in October 2012, which recorded 42.1 billion dollars.

U.S. exports in November 2012 reached 1.7 billion U.S. dollars, while imports 8.4 billion U.S. dollars. This means that in the month of November alone the U.S. deficit reached 6.7 billion U.S. dollars.

November 2012 accumulated deficit is far from analysts' forecasts, which projected a deficit at the level of 41.8 billion U.S. dollars. The surge in imports occurred in consumer goods (up 11.1 percent) and cars (up 6.3 percent).