Trade Deficit Widened in September

Washington, DC, November 2, 2018-The goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

September exports were $212.6 billion, $3.1 billion more than August exports. September imports were $266.6 billion, $3.8 billion more than August imports.

The September increase in the goods and services deficit reflected an increase in the goods deficit of $0.6 billion to $77.2 billion and a decrease in the services surplus of $0.1 billion to $23.2 billion.

Year-to-date, the goods and services deficit increased $40.7 billion, or 10.1%, from the same period in 2017. Exports increased $143.8 billion or 8.2%. Imports increased $184.5 billion or 8.6%.