U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—The U.S.’s trade deficit widened sharply in October as exports fell amid slowing global demand for U.S. energy goods such as petroleum and natural gas.
The trade gap in goods and services expanded in October to a seasonally adjusted $78.2 billion, the Commerce Department said Tuesday, up from a revised $74.1 billion in September.
WASHINGTON—The U.S.’s trade deficit widened sharply in October as exports fell amid slowing global demand for U.S. energy goods such as petroleum and natural gas.
The trade gap in goods and services expanded in October to a seasonally adjusted $78.2 billion, the Commerce Department said Tuesday, up from a revised $74.1 billion in September.
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