Tue, 07 Jan 2014 15:12:06 GMT
U.S. trade deficit declines to lowest in four years
The trade deficit of the United States decreased to its smallest value since 2010 in November of this year, indicating that the economic recovery in the country is gaining strength. Moreover, oil prices pushed imports down 1.4%, while exports inched up 0.9% on a monthly basis. The total deficit narrowed to $34.3 billion, declining by 12.9% from October's revised deficit