Department of Commerce figures released this morning show that the U.S. international trade deficit in goods and services increased in November to $47.8 billion from $43.3 billion in October.

The goods deficit with China fell to $26.9 billion from $28.1 billion in October.

“Like the federal budget, our trade deficit must be financed. Every month that we run a trade deficit means that this burden only grows larger,” said Scott Paul, executive director of the Alliance for American Manufacturing (AAM).

“China is the source of our largest bilateral trade deficit, and in November it clocked in at $26.9 billion. We are on pace for a record annual trade deficit with China in 2011. That’s not good news for American workers, our fiscal position, or our strategic interests,” he said.