U.S. Trade Deficit Widens Roughly In Line With Estimates In November
2025-01-01
2978
(fxcue news) - With imports surging by more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of November.
The Commerce Department the trade deficit increased to $78.2 billion in November from a revised $73.6 billion in October.
Economists had expected the trade deficit to climb to $78.0 billion from the $73.8 billion originally reported for the previous month.
The wider trade deficit came as the value of imports shot up by 3.4 percent to $351.6 billion, while the value of exports jumped by 2.7 percent to $273.4 billion.
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