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Record Breaking Details 

  • The November goods and services deficit ($68.1 billion) was the highest since August 2006 ($68.3 billion), and second highest only by a hair.
  • The November goods deficit was the highest on record.
  • November imports of consumer goods ($61.2 billion) were also the highest on record. 
  • November imports from China ($44.9 billion) were the highest since December 2018 ($45.9 billion). 
  • The net plus balance in services has been shrinking since a record high of $26.59 in March of 2018.

Details as noted on the chart and from Census Department Trade Data.

US consumers keep buying as exports shrink. 

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