The balance of trade deficit increased sharply in October with exports down and imports up.
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The balance of trade deficit increased sharply in October with exports down and imports up.
In October, the Census Bureau reported the trade deficit widened by 2.5%, with exports down 1.0% and imports up 1.5%.
From a year ago, exports are up 5.5% and imports are up 7.1%.
These numbers will subtract a couple ticks from fourth-quarter GDP estimates. They will also have Trump howling about trade deficits.
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