Trade Deficit Should Have Mod­est Im­pact on GDP

The Bond Buyer - - Market News -

The Septem­ber trade deficit widened to $43.5 bil­lion, ex­actly as ex­pected.

The bal­ance of pay­ments goods gap widened to $65.4 bil­lion in Septem­ber, while the cen­sus goods gap widened to $64.1 bil­lion, the same as the ad­vance es­ti­mate. As a re­sult, the im­pact on the next re­vi­sion to GDP for the quar­ter should be mod­est.

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