Merchandise Trade Deficit Thursday, Dec. 19, 8:30 A.M.

The MMS consensus expects that the trade deficit narrowed slightly in October, to $6.6 billion, down from $6.8 billion in September. Exports, which were up 3% in September, probably changed little in October. Imports, up 3.2% in September, may have fallen in October, helped in part by declining oil prices.

JAMES C. COOPER AND KATHLEEN MADIGAN

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