Trade deficit in goods widens sharply to highest level in more than two years
The numbers: The U.S. trade deficit in goods widened 6.3% to $102.7 billion in July, according to the Commerce Department’s advanced estimate released Thursday. That’s the largest deficit since May 2022. Economists polled by Econoday were looking for the deficit to widen to a $98 billion deficit from last month’s $96.6 billion gap.
WASHINGTON (Reuters) - U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, ...
United States trade deficit widened in September by the most in a decade, reflecting rising demand for imported oil and automobiles as the economy rebounded from the worst recession since the ...
The U.S. trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and partly reflecting stepped-up efforts by companies to ensure adequate supply ahead of a ...
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