The US trade deficit in goods widened 5.5% year on year to a new record in November at $84.82 billion as a lack of containers available for exporters contributed to an unequal growth rate compared with import volumes, says an article published in S&P Global.
What Data SaysUS goods exports were valued at $127.22 billion in November, up 0.8% from the previous month, but down 6.6% from November 2019, according to US Commerce Department data.
US goods imports in November totaled $212.04 billion as...
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