10-January-2026
Economy News
 
US October trade deficit lowest since 2009 as imports decline
09-Jan-2026

The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend that if sustained could see trade again adding to economic growth in the fourth quarter. The trade gap narrowed 39.0% to $29.4 billion, the lowest level since June 2009, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-october-trade-deficit-lowest-since-2009-as-imports-decline/articleshow/126417776.cms
 
 
 

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