U.S. Exports Hit Nearly $180 Billion in October
U.S. Exports Hit Nearly $180 Billion in October WASHINGTON, Dec. 9, 2011 /PRNewswire-USNewswire/ -- The United States exported $179.2 billion in goods and services in October 2011, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) Exports of goods and services over the last twelve months totaled $2.072 trillion, which is 31.57 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 16.1 percent when compared to 2009, a pace greater than the 15 percent required to double exports by 2015. "Increasing exports is critical to revitalizing our nation's economy and preserving our global competitiveness," said Chairman Hochberg. "I am pleased that October's numbers show that we are still on track to meet the president's National Export Initiative goal of doubling U.S. exports by 201...