Ekonomické zprávy
04.11.2021

U.S. trade deficit widens more than anticipated in September

The U.S. Commerce Department reported on Thursday that the U.S. goods and services trade deficit widened to $80.9 billion in September from a revised $72.8 billion in the previous month (originally a gap of $73.3 billion). This was the largest trade deficit on record.

Economists had expected a deficit of $80.5 billion.

According to the report, the September increase in the goods and services deficit reflected an advance in the goods deficit of $8.9 billion to $98.2 billion and a rise in the services surplus of $0.8 billion to $17.2 billion.

In September, exports of goods and services from the U.S. dropped 3.0 percent m-o-m to $207.6 billion, while imports increased 0.6 percent m-o-m to $288.5 billion, as the global COVID-19 pandemic and the economic recovery continued to impact international trade.

Year-to-date, the goods and services deficit soared 33.1 percent from the same period in 2020. Exports jumped 17.4 percent, while imports climbed 21.1 percent.

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