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U.S. goods trade deficit shrinks in September

Credit: REUTERS/CARLOS OSORIO

October 28, 2020 — 08:39 am EDT

Written by Lucia Mutikani for Reuters ->

WASHINGTON, Oct 28 (Reuters) - The United States' trade deficit in goods narrowed sharply in September as exports increased, sealing expectations for record economic growth in the third quarter.

The goods trade deficit decreased 4.5% to $79.4 billion last month, the Commerce Department said on Wednesday. Exports of goods rose $3.2 billion, while in imports fell $0.5 billion.

(Reporting By Lucia Mutikani; Editing by Marguerita Choy)

((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net))

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