UPDATE 2-Mexico industrial output rises in November, consumer confidence up at year-end

(Recasts first paragraph, adds consumer confidence data) MEXICO CITY, Jan 10 (Reuters) – Mexico’s industrial output rose for the first time in three months and consumer confidence inched higher, official data showed on Friday, offering hints of growth as Mexico struggles to stave off a recession. Industrial activity grew 0.8% last November from the prior month in seasonally adjusted terms, […]

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Declining imports push U.S. trade deficit to three-year low

WASHINGTON (Reuters) – The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing. The strength in the economy was underscored by other data on Tuesday showing activity in the vast services […]

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