Home | News & Opinion | Trade gap shrinks in September

Trade gap shrinks in September

By
Font size: Decrease font Enlarge font
Trade gap shrinks in September

Gap lowest in 7 months.

The US Department of Commerce reported today that the nation’s international goods and services deficit was $40.8 billion in September, down $7.2 billion, or 15.0%, from a revised $48.0 billion in August.

The deficit was smallest in 7 months, and followed an August deficit that was the largest since March of this year.

Exports increased to $187.9 billion in September from $184.9 billion in August. Goods were $127.3 billion in September, up from $124.4 billion in August. Services were $60.6 billion in September, up from $60.5 billion in August.

Imports decreased to $228.7 billion in September from $233.0 billion in August. Goods were $187.6 billion in September, down from $192.0 billion in August. Services were $41.1 billion in September, up from $41.0 billion in August.

For the full report, click here.

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha