Trade deficit falls to $63.9 billion in September

The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports

Wednesday 04 November 2020 13:52 GMT

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The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports.

The Commerce Department reported Wednesday that the gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7% from a $67 billion deficit in August. September exports rose 2.6% to $176.4 billion, while imports ticked up 0.5% to $240.2 billion.

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Trade deficit falls to $63.9 billion in September

The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports

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