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U.S. trade deficit in goods narrows to lowest level in almost two years in November

Por: MarketWatch Politics December 27, 2022

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Economists polled by Econoday were looking for the deficit to narrow only to a $97 billion deficit in November. The advanced trade data is expressed in nominal terms, meaning it is not adjusted for inflation.  The report also showed a 1% gain in wholesale inventories in November. And advanced retail inventories were up 0.1%. Excluding autos, retail inventories were up 1.2%.  Key details: Both exports and imports fell in November. Imports... + full article



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