Reflecting a jump in the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened by more than expected in the month of November.
The Commerce Department said the trade deficit widened to $68.1 billion in November from $63.1 billion in October. Economists had expected the deficit to widen to $65.2 billion.
The trade deficit in November was the largest since the deficit reached a record $68.3 billion in August of 2006.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.