
US trade deficit falls to $63.9 billion in September
Source:Â Associated Press
The U.S. trade deficit fell in September after hitting a 14-year high the previous month as exports outpaced imports.
The gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7%, from a $67 billion deficit in August, the Commerce Department reported Wednesday. September exports rose 2.6% to $176.4 billion, while imports ticked up 0.5% to $240.2 billion.
Year to date, the goods and services deficit has jumped $38.5 billion, or 8.6%, to $485.6 billion. The total deficit for goods and services for the same period in 2019 was $447.1 billion. Total exports are down 17.4% this year from 2019, while imports have declined by 12.4% as the coronavirus pandemic has sabotaged global commerce this year and disrupted global supply chains everywhere.
Full Story @ Associated Press
More Stories
British Prime Minister Boris Johnson agrees to resign
British Prime Minister Boris Johnson agreed to resign Thursday after days of defections crippled the controversial leader and left him...
The Latest Fact Checks curated by Media Bias Fact Check 07/07/2022
Each day Media Bias Fact Check selects and publishes fact checks from around the world. We only utilize fact-checkers that...
MBFC’s Daily Source Bias Check: Citizens for Legitimate Government
CONSPIRACY-PSEUDOSCIENCE Sources in the Conspiracy-Pseudoscience category may publish unverifiable information that is not always supported by evidence. These sources may be untrustworthy for credible/verifiable information; therefore,...
Sen. Lindsey Graham will challenge Georgia grand jury subpoena in Trump election interference probe
Republican Sen. Lindsey Graham of South Carolina will challenge a grand jury subpoena seeking his testimony as part of an investigation into...
Highland Park shooting suspect confessed to authorities and plotted second attack in Wisconsin, prosecutor says
The man accused of killing seven people at a Fourth of July parade confessed in detail to his alleged shooting — and...