Economy / Trade
U.S. trade deficit narrows to $105 billion in September
Exports and imports both increased, according to federal trade data.
Status: source-checked.
The U.S. goods and services trade deficit narrowed by $700 million to $105 billion in September, the Census Bureau and Bureau of Economic Analysis reported Wednesday.
The August deficit was revised to $105.7 billion. September exports rose $5.8 billion to $321.5 billion, while imports increased $5.2 billion to $426.6 billion, the agencies said.
The goods deficit fell by $700 million to $135.9 billion. The services surplus declined by less than $100 million to $30.9 billion.
The published figures are seasonally adjusted but are not adjusted for price changes. The agencies scheduled the next monthly release for Dec. 8.
What we know / what we don't
What we know
- The U.S. goods and services trade deficit narrowed by $700 million to $105 billion in September, the Census Bureau and Bureau of Economic Analysis reported Wednesday.
What we don't know
- Advance estimates may be revised; projections and future outcomes are not independently established.
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