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2023-01-07

U.S. trade deficit in goods and services $61.51 billion in November



Monthly trade figures can be volatile and partly reflect movements in the U.S. dollar, which strengthened last year, though its rally lost steam in the fourth quarter. 

A strong greenback tends to curb American exports by making them relatively more expensive on world markets, while reducing the value of imports.

 WSJ 5 January 2023

https://www.wsj.com/articles/u-s-trade-deficit-narrowed-sharply-in-november-as-global-demand-cooled-11672926977


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https://fred.stlouisfed.org/series/IEABC







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