Trade balance deficit widens in October

 

• Oct. Goods and Services Trade: -$63.1B vs. consensus of -$64.8B, -$62.1B prior (revised from -$63.9B).
• Exports +2.2% to $182.0B.
• Imports +2.1% to $245.1B.

 

 

 

 

 

 

 

 

The deficit with China increased $2.2 billion to $26.5 billion in October. Exports increased $1.1 billion to $13.1 billion and imports increased $3.3 billion to $39.7 billion.