g5000
Diamond Member
- Nov 26, 2011
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Trade wars are good, and easy to win. - Donald J. Trump
The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners.
The shortfall rose to $54 billion for the month, a 1.3 percent increase, or $700 million, from August and reflective of a 10.1 percent increase year to date, according to government numbers released Friday. Economists surveyed by Refinitiv had been looking for a gain of $53.6 billion.
The goods deficit stood at $76.3 billion, the highest on record on a seasonally adjusted basis.
In other news:
U.S. Treasury says first-quarter borrowing set record of $488 billion
Bond buyers brace for U.S.’s largest fourth-quarter borrowing spree since 2009
US Treasury to Borrow More Than $1.3 Trillion in 2018
And everybody said, "It's Okay When Trump Does It!"™
The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners.
The shortfall rose to $54 billion for the month, a 1.3 percent increase, or $700 million, from August and reflective of a 10.1 percent increase year to date, according to government numbers released Friday. Economists surveyed by Refinitiv had been looking for a gain of $53.6 billion.
The goods deficit stood at $76.3 billion, the highest on record on a seasonally adjusted basis.
In other news:
U.S. Treasury says first-quarter borrowing set record of $488 billion
Bond buyers brace for U.S.’s largest fourth-quarter borrowing spree since 2009
US Treasury to Borrow More Than $1.3 Trillion in 2018
And everybody said, "It's Okay When Trump Does It!"™