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November 10, 2011

U.S. Exports Up

The U.S. trade deficit fell by $1.8 billion to $43.1 billion from August to September, thanks to a rise in exports, according to the Census Bureau and the Bureau of Economic Analysis.

Exports rose by $2.5 billion in September to $180.4 billion, with industrial supplies and materials contributing $1.4 billion of the increase. Exports of consumer goods, automotive vehicles and parts and capital goods also rose.

Imports rose $700 million to $223.5 billion. Imports of industrial supplies, automotive vehicles and parts, as well as foods, feeds and beverages all rose, but the increases were partially offset by decreases in imports of capital goods, consumer goods and other goods.

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