US November advance goods trade balance -90.27 billion vs -89.56 billion prior

<ul><li>Prior was -89.56B</li></ul><p>There was no consensus estimate on trade but this would be the largest deficit since July and that will be a drag on Q4 growth. In a separate report, US wholesale and retail inventories for November also fell so that's another drag. Look for small downward revisions to the GDPNow tracker this week.</p>

This article was written by Adam Button at www.forexlive.com.