U.S. trade deficit swells to largest since January 2012

• January 5, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

The U.S. trade deficit widened 3.2% in November to $50.5 billion, the highest trade gap since January 2012. Economists polled had forecast a $50 billion gap.

Imports rose 2.5% to $250.7 billion, the Commerce Department said Friday. Exports rose 2.3% to $200.2 billion. Year-to-date, the deficit is up 11.6% from the same period in 2016.