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U.S. Trade Deficit Widens 5% In October

Posted By Administration, Thursday, December 13, 2012
Updated: Tuesday, August 27, 2013
The U.S. trade deficit was $42.2 billion in October, widening 5 percent from $40.3 billion in September, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. These two units of the Dept. of Commerce said October exports were valued at $180.5 billion, down $6.8 billion from September exports of $187.3 billion, a decrease from September imports of $227.6 billion. The goods deficit increased $1.8 billion from September to $59.2 billion, and the services surplus decreased $0.1 billion from September to $16.9 billion. The goods and services deficit decreased $3.5 billion from October 2011 to October 2012.

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