U.S. Trade Deficit Widens Slightly in December, as Activity Picks Up

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U.S. Trade Deficit Widens Slightly in December, as Activity Picks Up

The U.S. trade deficit widened to $80.7 billion in December from $79.3 billion in November. Total exports (goods and services) increased by 1.5% (+0.3% in November), while imports rose 1.6% (+4.6% in November). Goods exports rose 1.3% in December (-1.7% in November). The gains were broad based. Automotive vehicles, parts and engines (+6.5%), consumer goods […]

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Source: U.S. Trade Deficit Widens Slightly in December, as Activity Picks Up