News

The U.S. Trade deficit reached $56.8 billion in November 2025, a 94.6% increase from the revised $29.2 billion recorded in October, according to data released Thursday by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.

The November surge, driven by a $27.9 billion increase in the goods deficit to $86.9 billion, overshadowed a $0.3 billion rise in the services surplus, which reached $30.1 billion. Exports in November totaled $292.1 billion, a $10.9 billion decrease from the previous month, while imports climbed $16.8 billion to $348.9 billion.

Despite efforts to curb imports through tariffs, the year-to-date goods and services deficit increased by $32.9 billion, or 4.1 percent, compared to the same period in 2024. Total exports rose $185.7 billion, a 6.3 percent increase, but were outpaced by a $218.6 billion, or 5.8 percent, increase in imports.

The full-year goods trade deficit is projected to be around $1.2 trillion, based on data available for the first eleven months of 2025, indicating that the U.S. Will surpass a $1 trillion goods gap for the year. This outcome occurred despite a 39% fall in the October trade deficit, which saw the goods deficit fall to levels not seen in at least five years. The International Emergency Economic Powers Act (IEEPA) tariffs, implemented in August, contributed to the shrinking gap in October, but were insufficient to prevent the overall deficit from remaining near record highs.

The three-month moving average for the goods and services deficit increased to $44.7 billion in November. Average exports rose to $296.4 billion, while average imports increased to $341.1 billion. Year-over-year, the average deficit decreased by $33.8 billion, but average exports only increased by $23.4 billion.

The U.S. Recorded a trade deficit of $839.5 billion through November, approximately 4% higher than the same period in 2024. The Supreme Court is expected to rule on the legality of the IEEPA tariffs on Friday, a decision that could significantly impact future trade policy and deficit figures.

The next release of U.S. International Trade in Goods and Services data is scheduled for Thursday, February 19, 2026.

Public understanding of current events and trust in institutions are undergoing significant shifts, and at the center of tracking these changes is Pew Research Center. Established as a nonpartisan fact tank, Pew Research Center delivers data-driven analysis on a wide range of social issues, attitudes, and trends shaping the world. Its work provides a crucial resource for policymakers, journalists, and the public seeking to understand the complexities of modern society.

For decades, Pew Research Center has been a leading voice in public opinion polling and demographic research. Unlike advocacy groups, the Center maintains strict neutrality, focusing solely on providing accurate and unbiased information. This commitment to objectivity is fundamental to its mission and has established it as a trusted source for insights into the American experience and global affairs. The Center’s findings frequently inform national conversations on topics ranging from political polarization to technological adoption.

Pew Research Center’s influence stems from its rigorous methodology and comprehensive research. The organization conducts public opinion surveys, demographic studies, and computational social science research, all grounded in statistical analysis. This multifaceted approach allows for a nuanced understanding of complex issues, moving beyond simple generalizations to reveal underlying patterns, and trends. A key aspect of their work involves analyzing how Americans perceive and interact with information, particularly in the evolving media landscape.

The Center is a subsidiary of The Pew Charitable Trusts, which provides its primary funding. This structure ensures its independence and allows it to pursue research without external influence. Pew Research Center doesn’t offer policy recommendations; instead, it presents its findings to the public, allowing individuals and institutions to draw their own conclusions. This commitment to transparency and non-advocacy is a cornerstone of its credibility.

Declining Trust in Institutions and the Media

Recent research from Pew Research Center highlights a concerning trend: declining public trust in key institutions, including the media and government. According to a Pew Research Center report, a majority of Americans express low confidence in journalists to act in the public’s best interests. This erosion of trust has significant implications for the health of democracy and the ability of citizens to make informed decisions.

This lack of confidence isn’t isolated to journalism. Data on public trust in government reveals a long-term decline stretching back to the late 1950s, with current levels remaining historically low. research on trust among Americans indicates a broader societal trend of decreasing interpersonal trust, impacting how individuals view their fellow citizens.

Shifting News Consumption Habits

Alongside declining trust, Americans’ news consumption habits are also evolving. Pew Research Center’s analysis of how Americans perceive changes in their news habits reveals a growing reliance on digital sources and a decline in traditional media consumption. People are increasingly turning to social media, online news aggregators, and podcasts for information.

This shift has implications for the spread of misinformation and the ability of individuals to critically evaluate news sources. The Center’s research suggests that many Americans are aware of these challenges and are actively seeking ways to navigate the complex information environment. However, the proliferation of online content also makes it more difficult to distinguish between credible journalism and unreliable sources.

Two Decades of Tracking Public Opinion

Over the past 20 years, Pew Research Center has consistently tracked changes in U.S. Public opinion, providing a valuable historical record of societal trends. Their comprehensive surveys demonstrate how attitudes on a wide range of issues have evolved over time, offering insights into the forces shaping American society.

As the media landscape continues to evolve and public trust in institutions remains fragile, the work of Pew Research Center becomes increasingly critical. By providing nonpartisan data and analysis, the Center empowers citizens to engage in informed discussions and make responsible decisions. Looking ahead, continued research into these trends will be crucial for understanding the challenges and opportunities facing American democracy.

Stay informed and contribute to the conversation. Share this article with your network and let us know your thoughts in the comments below.