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November 10, 2010

Trade Deficit Inches Down

The country's $154 billion in exports and $198 billion in imports resulted in a trade deficit of $44 billion in September, down slightly from the $46.5 billion reported for August, according to the U.S. Census Bureau.

September exports were $500 million more than August. Imports were $2 billion less than August.

The goods and services deficit increased $8.8 billion from September 2009. Exports were up $19.9 billion, or 14.8 percent, and imports were up $28.8 billion, or 17.0 percent.

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