Market Updates
Smallest Goods Trade Deficit In 20 Months
Brian Turner
27 Dec, 2022
New York City
International goods trade deficit declined 15.6% or $15.5 billion from a month ago to $83.3 billion, the U.S. Census Bureau reported Tuesday in its preliminary estimates.
The November deficit was the smallest since December 2020.
Goods trade deficit in October was $98.8 billion.
November exports were $168.9 billion, a decline of $5.3 billion from October.
November imports were $252.2 billion, a decline of $20.8 billion from October.
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