US visible trade deficit widens significantly in December

By Alexander Bueso

Date: Thursday 26 Jan 2023

(Sharecast News) - America's shortfall on trade in goods with the rest of world yawned wider at the end of 2022.
According to the US Department of Commerce, the seasonally adjusted visible trade balance jumped by 8.8% month-on-month in December to reach $90.3bn (Consensus: $88.8bn).

Imports jumped by 1.9% versus November to $257.1bn, whilst exports fell by 1.5% to $166.8bn.

-- More to follow --

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