Economy

US trade deficit for goods jumps 14.9% to highest since March 2022

Deficit up $14B from August

Ovunc Kutlu  | 29.10.2024 - Update : 29.10.2024
US trade deficit for goods jumps 14.9% to highest since March 2022 ( Belgin Yakışan - AA )

ISTANBUL 

The US trade deficit for goods jumped 14.9% to $108.2 billion in September, according to data released Tuesday.

The number marked the highest amount since March 2022.

The trade deficit for goods in September increased $14 billion from $94.2 billion in August, said the Commerce Department’s Census Bureau.

The market expectation for the figure was to show a deficit of $95.9 billion.

In September, exports of goods totaled $174.2 billion, $3.6 billion less than August exports.

Imports of goods in September were approximately $282.4 billion -- $10.4 billion more than August imports.


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