US trade deficit climbs to $45.2 billion in November
WASHINGTON (AP) — The U.S. trade deficit in November rose to the highest level in nine months as imports of oil and other foreign goods increased, while American exports fell for a second month.
Exports edged down 0.2 percent to $122.4 billion, reflecting lower overseas sales of American-made airplanes, autos and farm products.
A lower deficit adds to the overall economy because it means American companies are selling more to foreign countries than Americans are purchases from abroad.