Markets

US goods-trade deficit widens to record $82.9 billion in August as imports surge

The US goods-trade deficit widened to a record in August as companies rushed to meet stronger consumer spending with increased importing. The trade gap jumped to $US82.9 billion from $US80.1 billion, the Commerce Department reportedThursday. Economists surveyed by Bloomberg expected a reading of $US81.8 billion. Imports climbed 3.1% to $US201.3 […]
US goods-trade deficit widens to record $82.9 billion in August as imports surge