08-October-2026
Economy News
 
US Trade Deficit Widens in August Amid Strong Imports
07-Oct-2026

The US trade deficit widened more than expected in August, driven by a surge in imports of goods amid robust domestic demand, keeping trade on track to again subtract from economic growth in the third quarter. The trade shortfall increased 13.7% to $105.6 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Tuesday. Economists polled by Reuters had forecast the deficit would be $102.0 billion.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-06/us-trade-deficit-widens-in-august-amid-strong-imports
 
 
 

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