• Hlavní
  • Analytika
  • Zprávy z trhu
  • U.S. trade deficit widens in September, as exports pull back - TD Bank Financial Group
Ekonomické zprávy
04.11.2021

U.S. trade deficit widens in September, as exports pull back - TD Bank Financial Group

ActionForex reports that analysts at TD Bank Financial Group discuss the latest U.S. September trade balance report.

"The U.S. trade deficit widened to $80.9 billion in September from $72.8 billion in August. Total exports (goods and services) decreased by 3.0% (+0.6% in August), while imports increased 0.6% (+1.3% in August)."

"Goods exports decreased by 4.7% in September (+0.8% in August). The losses were broad based and led by industrial supplies and materials (-9.9%), capital goods (-3.6%), and automotive vehicles, parts and engines (-2.0%)."

"Goods imports increased by 0.8% (+1.1% in August). Results were mixed across categories, with capital goods (+4.0%), other merchandise (+8.1%), and industrial supplies and materials (+1.7%) registering gains. These were offset by a pull-back in automotive vehicles, parts and engines (-7.7%), consumer goods (-0.1%, excluding automotive) and foods, feeds and beverages (-0.4%)."

"Exports of services expanded by 0.9% on the month (0.2% in August), while imports of services fell by 0.4% (after a 2.6% gain in August)."

"The trade deficit widened again in September, reaching a new low. Imports are 17.1% above pre-pandemic levels, while exports are now 1.3% higher."

"Trade in services continues its tepid recovery. Service imports have managed to claw their way back, now 1.2% above pre-pandemic levels, but exports continue to languish 6.2% below their February 2020 values."

"The emergence of the Delta variant in the summer may have stalled the rotation of spending back to services, but we maintain the view that the trend is heading that way, and should help to narrow the trade deficit."

Podívejte se také