U.S. Trade Balance November 2024 (TTM): $879B Total Deficit, with $292B Services Surplus and $1,171B Goods Deficit
Posted by EconomySoltani
U.S. Trade Balance November 2024 (TTM): $879B Total Deficit, with $292B Services Surplus and $1,171B Goods Deficit
Posted by EconomySoltani
3 comments
Kinda interesting how the 2008 recession caused the trade deficit to shink massively whereas the 2020 recession caused it to grow massively.
Part of the problem is we still undercount services trade, because often’ nothing really crosses a border.
if it’s goods deficit then it’s not bad right ?
Comments are closed.