US Goods Trade Deficit Widens in September as Imports Hit Record
The September goods trade deficit widened, while goods imports rose to a record, attributed to AI-related demand.
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US Goods Trade Deficit Widens in September
The September goods trade deficit widened as imports reached a record high, driven by AI-related demand.
US Goods Trade Deficit Widens as Imports Reach Record High
The September goods trade deficit widened unexpectedly as imports surged to a record high, driven by demand for capital goods linked to the AI infrastructure buildout. The report said trade was a significant drag on third-quarter economic growth.
US September Goods Trade Deficit Widens 2.1% to $134.9 Billion
Preliminary Census Bureau figures showed the goods trade shortfall widened to $134.9 billion, versus expectations for a $130.2 billion deficit. Rising imports continued to weigh on economic growth.
US September Goods Trade Deficit Widens Unexpectedly
The US goods trade deficit widened unexpectedly in September, with imports increasing, Reuters reported. The Commerce Department’s Census Bureau released the data Wednesday.
US Goods Trade Deficit Widens Unexpectedly in September
The US goods trade deficit widened unexpectedly in September.
US trade deficit widens 13.7% to $105.6 billion in August
The US trade deficit increased 13.7% to $105.6 billion in August, exceeding economists' forecasts. Imports rose to a record high of $420.8 billion, while exports increased to $315.2 billion, indicating robust domestic demand.
US trade deficit widens to $105.6 billion in August on surge in imports
The US trade deficit increased 13.7% to $105.6 billion in August, wider than the $102.0 billion forecast, as imports jumped 4.3% driven by strong domestic demand, while exports rose 1.4%.
Canada August trade surplus widens to C$4.2bn on export surge
Canada's trade surplus widened substantially in August to C$4.2 billion, exceeding analyst expectations. This surge was driven by a significant increase in exports, particularly to the United States, as businesses sought to ship goods before new U.S. tariffs were implemented.