- $73.8 billion
- According to 3 sources
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US Trade Deficit Widens Significantly Ahead of Trump Tariffs
6 days ago · Surpassing consensus forecasts, the nation's trade balance—the difference in dollar amounts between exports and imports of goods and services—reached a deficit of $98.4 …
October 2024 Trade Gap is $73.8 Billion | U.S. Bureau of Economic ...
Dec 5, 2024 · The U.S. goods and services trade deficit decreased from $83.8 billion in September (revised) to $73.8 billion in October, as imports decreased more than exports. The …
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US trade deficit shrinks on decline in imports | Reuters
Dec 5, 2024 · The goods trade deficit narrowed 9.5% to $98.7 billion. It decreased 7.3% to $92.4 billion when adjusted for inflation. Trade subtracted 0.57 percentage point from GDP in the...
Trade deficit narrows after pre-tariff surge in imports
Dec 5, 2024 · The US trade deficit fell 11.9% in October to $73.8 billion; that's more than expected. Imports plummeted following September’s buying surge. Manufacturers and retailers were stocking up to hedge against the threat of a …
United States Balance of Trade - TRADING ECONOMICS
The trade deficit in the US narrowed to $73.8 billion in October 2024 from an upwardly revised $83.8 billion gap in September and compared to forecasts of a $75 billion shortfall. Exports declined 1.6% to $265.7 billion due to lower sales …
US Trade Deficit Narrows From a More Than Two-Year High
Dec 5, 2024 · The US trade deficit narrowed in October from a more than two-year high as companies dialed back imports of consumer goods and business equipment. The nation’s …
U.S. trade deficit narrows sharply in October on
Dec 5, 2024 · Trade gap narrows 11.9% to $73.8 billion. The numbers: The U.S. international trade deficit narrowed 11.9% in October to $73.8 billion, the Commerce Department said Thursday. Economists...
2023 Trade Gap is $773.4 Billion - Bureau of Economic …
Feb 7, 2024 · The U.S. goods and services trade deficit decreased from $951.2 billion in 2022 to $773.4 billion in 2023, as exports increased and imports decreased. The goods deficit decreased $121.3 billion to $1,061.7 billion, and …
Smaller US trade deficit supports strong economic growth …
Oct 8, 2024 · Economists polled by Reuters had forecast the trade deficit would narrow to $70.6 billion from the previously reported $78.8 billion in July. Exports increased 2.0% to a record …
US goods trade deficit shrinks; new home sales extend …
Jul 24, 2024 · The U.S. trade deficit in goods narrowed in June for the first time this year amid a broad rebound in exports, but that probably was insufficient to prevent trade from remaining a drag on...