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  • Writer's pictureAIM Team

US trade deficit in goods widens for fourth straight month, hits $76 billion

The U.S. trade deficit in goods widened for a fourth straight month in September, bringing it to $76 billion, according to the Census Bureau.

The data showed exports grew by 1.8 percent from August to September, from $138.4 billion to $140.95 billion. Imports, meanwhile, expanded by 1.5 percent to $217 billion from $213.9 billion on a month-over-month basis.

Wholesale inventories grew by 0.3 percent to $644.1 billion in September from $642 billion in August.

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