Trade Deficit Narrows as Imports Fall Slightly
Reuters
The U.S. trade deficit narrowed slightly in November to $27.89 billion, from a revised $29.33 billion in October, as imports slipped and exports stayed soft in the face of slow economic growth at home and abroad, the Commerce Department said.
The contraction reflected a slight increase in overall goods and services exports to $78.2 billion and a slight decline in overall imports to $106.09 billion.
Analysts had forecast the November trade gap at $28.97 billion.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
