US: Trade Deficit Narrows to $79.4 Billion in September From $83.1 Billion

The US merchandise trade deficit decreased sharply in September while exports increased to support expectations of record economic growth Q3.

The US Commerce Department said on Wednesday that the merchandise trade deficit fell 4.5% last month to $ 79.4 billion.

“Exports of goods for September were $122.0 billion, $3.2 billion more than August exports,” the publication further revealed. “Imports of goods for September were $201.4 billion, $0.5 billion less than August imports.”