Friday, January 13, 2012

EU imports slump hits US trade balance.

Bloomberg here, exports from the U.S. in November declined to a four-month low, depressed by a drop in shipments to Europe.

The goods deficit with European Union nations widened 21.6 percent to $9.7 billion. A $4.7 billion U.S. shortfall with Germany was the biggest since October 2005.

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