U.S. trade deficit in goods narrows 15.6% to $83.3 billion
In October, the deficit widened to $98.8 billion from $92.6 billion in the prior month.
MarketWatch 27 December 2022
https://www.marketwatch.com/story/u-s-trade-deficit-in-goods-narrows-sharply-in-november-11672148634
Here’s a plot of a measure of the average value of the dollar against other major currencies, adjusted for inflation, versus the real trade deficit as a percentage of G.D.P., in which I’ve lagged the exchange rate by eight quarters
Paul Krugman 28 October 2022
https://englundmacro.blogspot.com/2022/10/its-lagged-world.html
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