The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.6 billion in October (revised) to $78.2 billion in November, as imports increased more than exports. The goods deficit increased $5.4 billion in November to $103.4 billion. The services surplus increased $0.9 billion in November to $25.2 billion.

The full text of the release can be found at www.bea.gov/news/2025/us-international-trade-goods-and-services-november-2024.