Showing posts with label U.S. Trade Deficit Is Widest Since January. Show all posts
Showing posts with label U.S. Trade Deficit Is Widest Since January. Show all posts

Thursday, December 7, 2017


By Bloomberg, Dec. 05, 2017

The U.S. trade deficit widened in October to a nine-month high on record imports that reflect steady domestic demand, Commerce Department data showed Tuesday.

The surge in imports probably reflected merchants preparing for the holiday-shopping season. Consumer goods imports increased almost $800 million, including a $303 million gain in cell phones and other household goods, as well as more inbound shipments of furniture, appliances, toys and clothing.


Read More: https://www.bloomberg.com

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