US advanced goods trade balance for October -$89.84 billion vs. -$86.4 billion estimate
<ul><li>Prior month $-85.78 billion</li><li>The international trade deficit in October was $89.8 billion, an increase of $3.0 billion from September's $86.8 billion. The estimate was $86.4 billion</li><li>October exports were valued at $170.8 billion, which is $3.0 billion lower than exports in September.</li><li>Imports in October stood at $260.7 billion, remaining almost unchanged from September's import figures.</li></ul><p>The trend has moved back to the upside after 2 months of more tame deficits. An increase in the deficit is a negative for GDP.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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