2021 Trade Deficit Shatters Historical Record Set Back in 2006

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2021 Trade Deficit Shatters Historical Record Set Back in 2006

December 2021 saw a total trade deficit of -$80.7B just shy of the record -$80.8B in September. The Goods Deficit increased by 3.2% to come in at -$101.4B, eclipsing the -$100B mark for the first time ever. The Net Deficit was kept in check by a surge in Net Services, which increased by 9.3% to $20.7B. […]

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Source: https://schiffgold.com/exploring-finance/2021-trade-deficit-shatters-historical-record-set-back-in-2006/

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