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US: Trade deficit in November declines to $49.3 billion vs $54 billion expected

"The goods and services deficit was $49.3 billion in November, down $6.4 billion from $55.7 billion in October, revised," the U.S. Census Bureau and the U.S. Bureau of Economic Analysis jointly announced on Wednesday.

Key takeaways from the press release

  • November exports were $209.9 billion, $1.3 billion less than October exports.
  • November imports were $259.2 billion, $7.7 billion less than October imports.
  • The November decrease in the goods and services deficit reflected a decrease in the goods deficit of $6.7 billion to $71.6 billion and a decrease in the services surplus of $0.3 billion to $22.3 billion.

United States Goods Trade Balance climbed from previous $-76.8B to $-70.48B in November

United States Goods Trade Balance climbed from previous $-76.8B to $-70.48B in November
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US: Manufacturing sector labor productivity increased 1.3% in Q4 2018

"Manufacturing sector labor productivity increased 1.3 percent during the fourth quarter of 2018 as output increased 2.3 percent and hours worked incr
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