US Trade Deficit Widens by More Than Forecast on Goods Demand

11/07/2023 22:35
US Trade Deficit Widens by More Than Forecast on Goods Demand

The US trade deficit widened by more than expected in September, reflecting the resilience of American demand for foreign goods.

The US trade deficit widened by more than expected in September, reflecting the resilience of American demand for foreign goods.

The shortfall in goods and services trade expanded 4.9% from the prior month to $61.5 billion, Commerce Department data showed Tuesday. The median estimate in a Bloomberg survey of economists had called for a $59.8 billion gap.

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