Trade Deficit in U.S. Jumps on Pre-Holiday Surge in Imports

The trade deficit unexpectedly widened in November as American retailers stocked up on imported goods for the holidays and demand for foreign automobiles rebounded following superstorm Sandy. The gap jumped 15.8 percent to $48.7 billion, exceeding all estimates in a Bloomberg survey of economists…

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Trade Deficit in U.S. Jumps on Pre-Holiday Surge in Imports

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