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Trade deficit hits 11-month low
Published Wed, Jan 7, 2015 · 09:50 PM
Washington
THE US trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, eclipsing a drop in exports that could be related to a labour dispute at one of the nation's key ports.
Other data on Wednesday showed private employers stepped up hiring last month, a sign that the US economy was still sailing along despite slowing growth abroad.
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