The U.S. trade deficit for November expanded sharply to $56.8 billion, far exceeding expectations of $43.4 billion and marking the biggest month‑over‑month increase in over three decades.
The United States reported a November trade deficit of $56.8 billion, surpassing market estimates of $43.4 billion and widening from the previous month’s $29.2 billion. This represents the largest month‑to‑month increase since 1992, signaling a notable deterioration in the trade balance and potential implications for U.S. economic performance and currency markets.