U.S. Trade Deficit Up 3.4% in October

Washington, DC, December 4, 2015—The goods and services deficit was $43.9 billion in October, up $1.4 billion from $42.5 billion in September, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.

October exports were $184.1 billion, $2.7 billion less than September exports. October imports were $228.0 billion, $1.3 billion less than September imports.

The October increase in the goods and services deficit reflected an increase in the goods deficit of $2.1 billion to $63.1 billion and an increase in the services surplus of $0.6 billion to $19.2 billion.

Year-to-date, the goods and services deficit increased $22.2 billion, or 5.3%, from the same period in 2014. Exports decreased $84.7 billion or 4.3%. Imports decreased $62.5 billion or 2.6%.