US Goods Trade Deficit Increases in November

Reported 1 day ago

In November, the U.S. goods trade deficit rose to $102.9 billion, surpassing analyst expectations due to a rebound in imports. While exports increased by 4.4%, imports surged by 4.5%, with significant fluctuations in 'other goods' contributing to the widened gap. These developments raise concerns about trade's potential contribution to economic growth as the country approaches the end of the year.

Source: YAHOO

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