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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