01:30 PM BST, United States - Balance of Tade Data for August:
- Imports: actual 342.20B; previous 345.40B;
- Exports: actual 271.80B; previous 266.60B;
- Trade Balance: actual -70.40B; forecast -70.10B; previous -78.90B;
The trade balance for the current period is reported at $-70.4 billion, slightly better than the $-70.6 billion estimate. Last month’s trade deficit was revised from $-78.8 billion to $-78.9 billion. The goods trade deficit improved to $-94.22 billion from $-102.8 billion last month, while the services surplus grew slightly to $24.4 billion. The previous month's higher-than-expected goods imports were attributed to anticipated disruptions from an expected port strike.
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