The U.S. trade deficit widened significantly in the month of November, according to a report released by the Commerce Department on Thursday.
The report said the trade deficit widened to $80.2 billion in November from a revised $67.2 billion in October. Economists had expected the deficit to widen to $77.1 billion from the $67.1 billion originally reported for the previous month.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.