ABA DataBank: November trade balance shows wider deficit on strong imports
By ABA Banking Journal Staff
AI Summary
• Trade balance shows a wider deficit due to strong imports and weaker exports.
• This could modestly weigh on near-term economic growth.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. It discusses a general economic trend that applies nationwide.
Original Content
The ABA Office of the Chief Economist believes that this suggests that trade could weigh modestly on near-term economic growth, as higher imports and weaker exports contributed to a wider deficit. The post ABA DataBank: November trade balance shows wider deficit on strong imports appeared first on ABA Banking Journal .