November Figures Mark Record High Exports, Says Ex-Im Bank
The $194.9 billion in goods and services the U.S. exported in November 2013 marks a record total export level, the Export-Import Bank said in a press release. The U.S. international trade deficit in goods and services decreased to $34.3 billion…
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in November from $39.3 billion in October, the Census Bureau said on Jan. 7 in a report (see 14010705). “American entrepreneurs are proving why exports are so critical to our economic growth." said Export-Import Bank President Fred Hochberg. "Today's numbers showcase the importance of exports to the U.S. economy and how Ex-Im Bank plays a critical role in supporting American businesses overseas.” The U.S. export of goods and services over the past 12 months of documented statistics is 43.7 percent above the 2009 level of exports, said the press release.