Trade Deficit in U.S. Widened in August as Exports Dropped

The U.S. trade deficit widened in August as slower global growth reduced demand for American exports.

The gap grew 4.1 percent to $44.2 billion from $42.5 billion in July, Commerce Department figures showed today in Washington. Exports decreased to the lowest level since February. A separate report showed the cost of goods shipped to the U.S. rose more than forecast in September.