US Trade Deficit Narrows 0.7% to $105.0 Billion in September
The trade shortfall contracted 0.7% to $105.0 billion as imports rose to a record high, according to the Commerce Department’s Bureau of Economic Analysis and Census Bureau.
The US trade deficit narrowed slightly in September even as robust domestic demand boosted imports to a record high.The trade shortfall contracted 0.7% to $105.0 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Wednesday. Economists polled by Reuters had fore…