CNBC Guest Blog
- Busch: What Obama Won't Say Tonight
- Predictions 2010: The Big Picture
- Predictions 2010: Analyst Tony Fratto
- Predictions 2010: Analyst Vince Farrell
- Predictions 2010: Analyst Tony Crescenzi
- Predictions 2010: Analyst Andy Busch
- Schork Oil Outlook: What's Worth Fighting For
- Farrell: Forget About Dubai—Worry About This
- Roginsky: The Botax Whose Time Has Come
- Farrell: Testing Those International Waters Again
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
- Predictions 2010: Consumers
- Who Were the Biggest Winners And Losers This Year?
- Look Ahead: Markets Count Down to US Jobs Report
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Cramer: Watch Tech Stocks Wednesday
- New Cash Incentives To Make Home Improvements?
- Stocks Likely Don't Need Santa to Keep Rally Going
- Larry Kudlow's Open Letter to Tiger Woods
- Super Fantasy Christmas Gifts of 2009
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The trade deficit widened slightly to $27 billion from $26 billion last month. It was $65 billion just 11 months ago. Exports were up $2.4 billion to $125.8 billion and imports were also up by $3.5 billion to $152.8 billion (thus the deficit of $27 billion.)
The rise in imports was due almost exclusively to the price of imported oil. Non-petroleum imports fell 1%. Excluding petroleum, the trade deficit would have shrank from $12.7 billion to $9.8 billion. This figure was $23.4 billion one year ago.
The rise in exports—the second straight monthly increase—can be viewed as a positive comment on the beginning recovery in world trade. The fall in imports shows the continued caution being exercised by the American consumer.
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Vincent Farrell, Jr. is chief investment officer at Soleil Securities Group and a regular contributor to CNBC. 
Data is a real-time snapshot *Data is delayed at least 15 minutes