The U.S. trade deficit widened to $56.8 billion in November, up from $29.2 billion in October, as imports of computers and semiconductors surged to support the nation’s ongoing technology investment boom, according to Commerce Department data released Thursday.
The November figure represents a sharp rebound from October’s unusually low deficit—the smallest since June 2009—which was driven by temporary swings in gold and pharmaceutical trade. The three-month moving average deficit stood at $44.7 billion, down $33.8 billion from the same period a year earlier, suggesting underlying improvement beneath the monthly volatility.
Imports rose 5…
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