Home
News
默认头像

U.S. Trade Deficit Widens In October Amid Pullback By Exports

2024-06-07MyfxbookMyfxbook
Largely reflecting a pullback in the value of exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the month of October. The Commerce Department said the trade deficit
U.S. Trade Deficit Widens In October Amid Pullback By Exports

(RTTNews) - Largely reflecting a pullback in the value of exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the month of October.

The Commerce Department said the trade deficit increased to $64.3 billion in October from a revised $61.2 billion in September.

Economists had expected the trade deficit to rise to $64.1 billion from the $61.5 billion originally reported for the previous month.

The wider trade deficit came as the value of exports slumped by 1.0 percent to $258.8 billion, while the value of imports inched up by 0.2 percent to $323.0 billion.

Disclaimers

The article is sourced from Myfxbook with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.