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Trade deficit increases to $48.2 billion in March
Posted By faymjohnson On May 11, 2011 @ 5:40 am In Foreign Trade Data | No Comments
By: Fay Johnson
 The Nation’s international trade deficit in goods and services increased to $48.2 billion in March  from $45.4 billion (revised) in February, as imports increased more than exports. The March services surplus ($13.9 billion) was once again a record. Records also occurred for exports of goods and services ($172.7 billion), exports of goods ($124.9 billion), and exports of services ($47.7 billion).
Record exports in industrial supplies and materials ($41.7 billion) and foods, feeds, and beverages ($11.2 billion) contributed to the record in overall exports of goods. Exports of goods increased $7.2 billion or 6.2%, surpassing the prior record ($119.3 billion, January 2010) by $4.4 billion.
Imports of goods increased by $10.1 billion (5.8%) to $184.7 billion this month, the increase were driven by industrial supplies and materials which increased $7.7 billion (13.3%) to $65.8 billion.
It was a month full of records , below are few more not mentioned above:
Article printed from Global Reach Blog: http://globalreach.blogs.census.gov
URL to article: http://globalreach.blogs.census.gov/2011/05/11/trade-deficit-increases-to-482-billion-in-march/
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 Image: http://globalreach.blogs.census.gov/files/2012/04/6a0120a61b56ed970c014e885d372e970d-320wi.jpg
 increased to $48.2 billion in March: http://www.census.gov/foreign-trade/data/
 a month full of records: http://www.census.gov/foreign-trade/statistics/highlights/monthly.html
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