We use third-party cookies to enhance website's user experience and to display personalized advertising.
By using our website, we consider you accept our Cookie Policy.
 01/22/2018 17:52
Beta: fxmania is still in 'Beta'. We want your input so please send us feedback.
Forex News

12/28/2017 13:57:02

US foreign trade deficit widens in November

(ShareCast News) - America's shortfall on its foreign trade in goods widened last month, as import growth continued to outpace that in the country's exports.

The goods deficit increased by 2.3% month-on-month to reach $69.7bn (consensus: -$68.0bn), according to a preliminary estimate from the Department of Commerce.

Import rose sharply, increasing by 2.7% to reach $203.4bn while exports were 2.9% higher to $133.7bn.

Separately, Commerce reported a 0.7% month-on-month (consensus: 0.2%) jump in wholesale inventories to $610.2bn.

At month-end, stockpiles were 3.8% higher than a year ago.

Meanwhile, retail inventories grew by 0.1% on the month to reach $619.1bn.

▸ News

Currency Converter
Economic Calendar