Tuesday , November 24 2020

US trade deficit shifts for fourth consecutive month in September USA



Lack of trade United States In September, it rose to a seven-month high since imports saw a record high rise due to strong domestic demand, which offset the growth in exports.

The Ministry of Commerce announced that the gap grew by 1.3% to $ 54,000 million in the fourth consecutive month of growth. August's value was revised to $ 53.300 million instead of $ 53.2 million previously reported.

Trade deficit with China – a politically sensitive indicator – rose by 4,3% to $ 40.2 billion.

Economic analysts in the Reuters poll predict that the shortage of trade may increase to $ 53.6 billion in September.


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