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Total
November exports of $194.9 billion and imports of $229.1 billion resulted in a goods
and services deficit of $34.3 billion (the lowest deficit since October
2009), down from $39.3 billion in October. November exports were $1.7 billion
more than October exports of $193.1 billion. November imports were $3.4 billion
less than October imports of $232.5 billion.
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On
a global scale, data compiled by the Netherlands
Bureau for Economic Policy Analysis showed that
world trade volume increased by 1.4 percent in October while prices rose by 0.5
percent.
The foregoing comments represent the
general economic views and analysis of Delphi
Advisors, and are provided solely for the purpose of information, instruction
and discourse. They do not constitute a solicitation or recommendation
regarding any investment.
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