Economics

Trade Gap in U.S. Probably Narrowed as Fuel Costs Declined

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The trade deficit in the U.S. probably shrank in November as lower fuel costs curbed imports and exports rebounded, economists said before a report today.

The gap narrowed to $41.3 billion from October’s $42.2 billion, according to the median forecast of 68 economists surveyed by Bloomberg. Another report today may show import prices were little changed in December.