US September trade balance -84.4 billion vs -84.1 billion

• Prior was -70.4 billion
• Goods trade -108.7 billion vs -108.2 billion prelim
• Exports -1.2%
• Imports +3.0%

The deficit jumped to the highest since 2022 because of a rush to import items ahead of a feared port strike.

Key Details:

Exports fell on declining civilian aircraft shipments (-$1.7B)
• Pharmaceutical prep exports dropped $2.0B
• Crude oil exports declined $1.3B
• Consumer goods imports jumped $4.0B
• Capital goods imports rose $2.8B led by computers (+$1.0B) and semiconductors (+$0.8B)
• Auto imports increased $1.2B with passenger cars up $0.9B

This article was written by Adam Button at www.forexlive.com.