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via economictimes.indiatimes.comEconomy

US goods trade deficit unexpectedly widens in September

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The goods trade shortfall increased 2.1%, or $2.8 billion to $134.9 billion last month, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast the goods deficit at $130.2 billion.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA wider-than-expected trade deficit can weigh on macro sentiment and the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The goods trade deficit rose 2.1%, or $2.8 billion, to $134.9 billion.
  2. 02Economists polled by Reuters had forecast $130.2 billion.
  3. 03The data was released by the Commerce Department's Census Bureau.

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