Market Updates
Trade Deficit Widened In September
Brian Turner
03 Nov, 2022
New York City
The U.S. trade gap enlarged to $73.3 billion in September from a downwardly revised $65.7 billion deficit in August. The trade deficit rose to a 3-month high.
The goods trade deficit increased by $6.6 billion to $92.7 billion and the service surplus declined $1.0 billion to $19.5 billion.
Total imports increased 1.5% to $331.3 billion and exports fell 1.1% to $258 billion.
In the year so far, the goods and services deficit increased 20.2% to $125.6 billion from a year ago.
Exports jumped 20.2% to $378.1 billion and Imports increased by the same amount to $503.6 billion.
Annual Returns
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Earnings
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