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Data & Reports Midwest News Public Policy Uncategorized Updates US

US Trade Deficit grows 8% in November, highest in 15 years

TMA Media January 7, 2021
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The U.S. monthly international trade deficit increased in November 2020, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.

The deficit increased from $63.1 billion in October (revised) to $68.1 billion in November as imports increased more than exports.

November’s deficit numbers are the highest since August 2006, according to Reuters.

The previously published October deficit was $63.1 billion. The goods deficit increased $5.0 billion in November to $86.4 billion. The services surplus decreased less than $0.1 billion in November to $18.2 billion.


More info at BEA.gov

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