The goods and services trade deficit in the United States stood at $92.2 billion in September, increasing by $4.9 billion from the revised figure of $87.3 billion observed in August, the US Bureau of Economic Analysis and the US Census Bureau stated in their preliminary report issued on Wednesday.
Exports of goods came in at $177.6 billion, which is $2.8 billion less than August’s revised figure. Meanwhile, imports of goods went up by $2.2 billion compared to the previous month to $269.8 billion.
Wholesole inventories advanced by 0.8% on a monthly level and 24.5% on an annual one to $921.7 billion. Retail inventories were at $744.0 billion, rising by 0.4% month-on-month and 22.2% year-on-year.