zerohedge.com / by Tyler Durden / Feb 7, 2017 8:43 AM
In a report that will be closely watched by Donald Trump, the U.S. Bureau of Economic Analysis announced that the US trade deficit in December decreased modestly last December: In the last month of 2016, the US deficit decreased from $45.7 billion in November (revised from $45.2) to $44.3 billion in December, less than the $45 billion expected, as exports increased more than imports.
The goods deficit decreased $1.2 billion in December to $65.7 billion, offset by a services surplus increased $0.3 billion in December to $21.4 billion.
The breakdown: exports of goods and services increased $5.0 billion, or 2.7 percent, in December to $190.7 billion. Exports of goods increased $4.8 billion and exports of services increased $0.2 billion.
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