US November advance goods trade balance -90.27 billion vs -89.56 billion prior

  • US trade balance data for November
US Nov advance goods trade balance
US Nov advance goods trade balance
  • Prior was -89.56B

There was no consensus estimate on trade but this would be the largest deficit since July and that will be a drag on Q4 growth. In a separate report, US wholesale and retail inventories for November also fell so that's another drag. Look for small downward revisions to the GDPNow tracker this week.

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