The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus decreased less than $0.1 billion in November to $20.8 billion.
This shift suggests a redirection from previously elevated optimism levels seen in the latter half of 2024 and indicates a more cautious approach by businesses, particularly in terms of supply…
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