US trade deficit rises more than 11% in September
Exports stands at $258 billion, imports at $331.3 billion
By Ovunc Kutlu
ANKARA (AA) - The US trade deficit increased more than 11% in September, according to data released Thursday by the Commerce Department’s Census Bureau.
The goods and services deficit rose 11.6% to $73.3 billion, up $7.6 billion from $65.7 billion in August, the agency said in a statement.
The figure was expected to come in at $72.2 billion.
Exports stood at $258.0 billion, $2.8 billion less than in August, while imports were at $331.3 billion -- $4.8 billion more than August imports.
"The September increase in the goods and services deficit reflected an increase in the goods deficit of $6.6 billion to $92.7 billion and a decrease in the services surplus of $1.0 billion to $19.5 billion," it said.
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