Economics
US Goods-Trade Deficit Widens for the First Time Since March
- Shortfall expanded 5.7% to $92.2 billion in September
- Imports grew after months of falling, defying dollar strength
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The US merchandise-trade deficit widened in September for the first time in six months as imports grew and some exports plunged.
The shortfall widened 5.7% to $92.2 billion last month, Commerce Department data showed Wednesday. The figures, which aren’t adjusted for inflation, compared with a median estimate for a gap of $87.5 billion in a Bloomberg survey of economists.