US: Goods And Services Trade Deficit Shrinks in October

The US goods and services trade deficit shrank to $67.1B in October from $81.4B in September, the US Census Bureau reported on Tuesday. That was larger than the expected trade deficit on the month of $66.8B. Monthly imports rose to $290.70B from $288.20B in September, whilst monthly exports surged to $233.60B in October from $206.80B the month prior.