Economic Report: U.S. trade deficit in goods widens 3.4% in October

by | Nov 29, 2023 | Stock Market

The numbers: The nation’s trade deficit in goods widened 3.4% in October to $89.8 billion, the Commerce Department said Wednesday. An advanced estimate of wholesale inventories, meanwhile, showed a 0.2% drop in October. Retail inventories were flat, the department said. Key details: Imports of goods were roughly flat in October at $260.7…

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The numbers: The nation’s trade deficit in goods widened 3.4% in October to $89.8 billion, the Commerce Department said Wednesday. An advanced estimate of wholesale inventories, meanwhile, showed a 0.2% drop in October. Retail inventories were flat, the department said. Key details: Imports of goods were roughly flat in October at $260.7…

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