Vice President for International Economic Affairs for the National Association of Manufactures, Frank Vargo, commented that "our manufacturers goods trade deficit also rose to an all-time high of $44 billion, up 11% from $39.5 billion in January 2005" upon the release of the overall trade deficit numbers by the U.S. Commerce Department.According to the report from the Commerce Department, the overall $68.5 U.S. trade deficit in January rose to an all-time high. "Exports of manufactured goods were up 13% over January 2005," according to Vargo. "But since imports start from a much larger base, we need more sharply export growth rates to stabilize or reduce the deficit." "Exports of all other manufactured good were up 10%," Vargo said. "But the 11% growth in corresponding imports drove the imbalance nearly $5 billion higher."