September 20, 2021
October Exports Down 1% Imports Up 1.5%: Expect Trump to Howl
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October Exports Down 1% Imports Up 1.5%: Expect Trump to Howl

The balance of trade deficit increased sharply in October with exports down and imports up.
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The balance of trade deficit increased sharply in October with exports down and imports up.

For October, the Census Bureau reported the trade deficit widened by 2.5 percentage points, with exports down 1.0% and imports up 1.5%.

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From a year ago, exports are up 5.5% and imports are up 7.1%.

In US dollar terms, the October deficit is $68.3 billion, up from $64.1 billion in September, an increase of 6.5%.

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