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US Trade Deficit Hits $87.6 Billion in August

September 28, 2021 by Forex Winner Leave a Comment

US Trade Deficit Hits $87.6 Billion in August

Source: US Census Bureau

The United States trade deficit widened to nearly $87 billion in August, as imports grew at a faster pace than exports. DXY is up 0.37%

  • The trade deficit climbed by $0.8 billion to $87.6 billion, up from $86.8 billion in July.
  • Exports climbed $1.1 billion to $149.0 billion, while imports jumped $1.9 billion to $236.6 billion.
  • Wholesale inventories stood at $731.0 billion, up 1.2% from the previous month and 12.3% from the same month last year.
  • Retail inventories were recorded at $603.3 billion, up 0.1% from July and 2.3% from a year ago.

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