U.S. Trade Deficit Registers November Decrease
The U.S. international trade deficit in goods and services decreased to $34.3 billion in November from $39.3 billion in October, Census said on Jan. 7. Goods exports rose to $137.1 billion in November from $135.6 billion in October. Exports of…
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industrial supplies, capital goods and automotive vehicles, parts and engines registered substantial increases. Goods exports decreased most significantly in consumer goods and foods, feeds and beverages categories. Goods imports dropped to $191.0 billion in November from $194.4 billion in October. The U.S. decreased imports of industrial supplies and materials, foods, feeds and beverages, and consumer goods. Increases occurred in automotive vehicles, parts, and engines, and capital goods.