A government shutdown-delayed report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed by much more than anticipated in the month of November.
The Commerce Department said the trade deficit narrowed to $49.3 billion in November from a revised $55.7 billion in October.
Economists had expected the deficit to narrow to $54.0 billion from the $55.5 billion originally reported for the previous month.
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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.