Jan
08

Beneficial Balance

The US goods and services trade deficit shrank to $43.1 billion in November, its lowest level since 10/16 when it was just $42 billion. And, our trade deficit with China over the last 12 months is $358 billion, down from $420 billion for the year ending 12/18. Separately, after hurting GDP growth through September of this year, trade is expected to boost 19Q4 GDP by at least 1.2 percentage points.

Share This Post
Facebook Twitter Email

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.