The U.S. trade deficit totaled $48.7 billion in October, an 8.6 percent increase from September, according to the U.S. Commerce Department.
The U.S. trade deficit totaled $48.7 billion in October, an 8.6 percent uptick from September, as export value remained flat amid rising imports, according to data released today by the U.S. Commerce Department.
U.S. exports in October stood at $195.9 billion, down less than $0.1 billion from September.
However, U.S. imports in October totaled $244.6 billion, up 1.6 percent from the previous month.
Overall, for the first 10 months of 2017, the U.S. trade deficit totaled $462.9 billion, an 11.9 percent increase from the corresponding 2016 period.
U.S. trade deficit rises 8.6% in October
