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Thursday, November 4, 2021

Goods and services trade balance widens in September

  • September International Trade in Goods and Services: -$80.9B vs. -$80.5B consensus and -$73.3B.
  • September exports were $207.6B, $6.4B more than August exports.
  • September imports were $288.5B, $1.7B more than August imports.
  • The wider deficit reflects an increase in the goods deficit of $8.9Bto $98.2B and a increase in the services surplus of $0.8B to $17.2B.
  • The average goods and services deficit increased $2.6B to $74.B for the three months ending in August.
  • Previously, the Advance International Trade in Goods showed a $73.3B deficit as imports increased more than exports.

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