US trade deficit in September at lowest level in 19 months
WASHINGTON (AP): THE US trade deficit fell in September to the lowest level in 19 months as demand for US – made airplanes and other exports increased while imports slipped. The politically sensitive deficit with China declined.
The deficit narrowed to $36.4 billion in September, down 9.9 per cent from August, the Commerce Department said Friday. It was the lowest imbalance since February 2015.
The latest report offers American manufacturers an encouraging sign that the problems caused by overseas weakness and a rising dollar were beginning to wane.