Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

U.S. Trade Gap Widened In 2012

WASHINGTON, Feb. 10 (UPI) — The U.S. trade deficit widened considerably in 2011 from 2010, the U.S. Census Bureau said Friday.

The trade gap tacked on an additional $58 billion to reach $558 billion for the year. Exports in 2011 reached $2.1 trillion, while imports reached $2.6 trillion.

For the year, the trade deficit in goods reached $737.1 billion, up $91.2 billion above 2010. The trade surplus in services rose to $179 billion, up $33.2 billion over 2010.

In the final month of the year, the trade gap appeared to be defining a new plateau. In August through October of 2011, the deficit averaged $44.1 billion, holding to thin margins of difference. That shot up to $47.1 billion in November and climbed again in December, the bureau said.

In December, U.S. exports climbed by $1.2 billion from November to $178.7 billion. Imports in the month imports rose by $3 billion to $227.6 billion.

From December 2010 to December 2011, the deficit rose by $8.3 billion, with exports up 9 percent, or by $14.8 billion, and imports up 11.3 percent, or by $23.1 billion.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Trade Gap Widened In 2012”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.