US trade deficit in Septem­ber at low­est level in 19 months

Jamaica Gleaner - - GROWTH & JOBS -

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.

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