U.S. Trade Balance
According to Commerce Department, U.S. trade balance fell more than forecast in November.
Economists estimated decrease to 44.6 billion dollars, instead trade gap grew to 47.8 billion. It is a record 10.4% increase.
October’s data was revised to 43.5 billion deficit.
American Imports grew by 1.3% to total 225.6 billion dollars, against exports, which declined in November.