US September advance goods trade balance -$96.3 billion versus -$88.2 billion estimate

US advance goods trade balance for September 2021

• advance goods trade balance $-96.3 billion versus estimate of $-88.2 billion (record level)
  
• exports came in at $142.2 billion which was $7 billion less than August exports
  
• imports came in at $238.4 billion which was $1.1 billion more than August imports
  

Imports higher is good but the sharp decline in the exports is contractionary.

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October 28, 2021 at 12:30AM
Greg Michalowski
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