US Trade Deficit Falls to Lowest Level in More Than 3 Years


by Jordan Hilger, Worthy News Correspondent

(Worthy News) – The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years.

The Commerce Department said Tuesday that the gap between what America sells and what it buys abroad narrowed by 8.2% in November to $43.1 billion, the smallest deficit since October 2016.

Through the first 11 months of 2019, the trade deficit is 0.7% smaller than in the same period in 2018. If that trend holds in December, the country will finish 2019 with a deficit slightly below last year’s $627.7 billion imbalance, which had been a 14.1% jump over 2017. [ Source: VOA News (Read More…) ]

14
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Poll: Majority of Voters Concerned With Rise of Socialism, Communism
U.S. Army Moves to Put Nuclear Microreactors on Five Military Bases
Trump Renames Lake Ontario ‘Lake America’ as U.S.-Canada Trade War Deepens
Two Killed In German School Attack; Teen Suspect Detained
Indonesia Protests Turn Violent; Scores Detained
Board of Peace Envoy Warns Hamas Must Disarm as Gaza Plan Stalls
Gang Attack on Haiti Church Leaves 47 Dead, Dozens Kidnapped
NBC: Iranian Strikes Reportedly Caused Billions in Damage to U.S. Intelligence Sites
U.S. Designates Palestine Action as Global Terrorist Group, Imposes Sanctions
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Books by George Whitten

The Biblical Fall Feasts Revealed cover

The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com

An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.

Buy on Amazon
The Eternal Kingdom Revealed cover

The Eternal Kingdom Revealed https://eternalkingdomrevealed.com

The Eternal Kingdom Revealed traces the Kingdom of God as the central story of Scripture, from before creation to the restoration of all things.

Buy on Amazon

As an Amazon Associate I earn from qualifying purchases.