September Trade Deficit at $73.3B
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services.
Here is an excerpt from the latest report:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $73.3 billion in September, up $7.6 billion from $65.7 billion in August, revised.
The headline number of -73.3B was worse than the -72.20B Investing.com forecast.
Here is a snapshot that gives a better sense of the extreme volatility of this indicator.
We will publish the next Trade Balance report on December 5.