U.S. Trade Deficit Registers October Decrease
The U.S. international trade deficit in goods and services decreased to $40.6 billion in October from $43 billion in September, said the Census Bureau Dec. 3 in a monthly report. U.S. exports in goods and services increased to $192.7 billion…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
in October from $189.3 billion in September. U.S. imports increased to $233.3 billion in October from $232.3 billion in September. The goods deficit specifically decreased $2.2 billion in October to $60.2 billion. U.S. exports of goods increased $3 billion to $135.3 billion, and imports of goods increased $0.8 billion to $195.5 billion. The October figures suggested export increases in industrial supplies and consumer goods, along with import increases in industrial supplies and consumer goods.