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Economy

“US Trade Deficit Narrowed Last Year by the Most Since 2009”

“The annual trade shortfall shrank nearly 19% to $773.4 billion from a record in 2022, Commerce Department data showed Wednesday. In December, the deficit in goods and services trade widened slightly from the prior month to $62.2 billion. The figures aren’t adjusted for inflation…”

https://finance.yahoo.com/news/us-trade-deficit-narrowed-last-134516822.html

See the bold? I stopped reading there. A half truth is a whole lie. This is a bad article in my opinion. Those numbers mean nothing without adjusting for inflation.

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