Trade deficit falls to $63.9 billion in September
AP
Cargo cranes are used Nov. 4, 2019, to take containers off of a Yang Ming Marine Transport Corp. boat at the Port of Tacoma in Tacoma, Wash.
SILVER SPRING, Md. — The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports.
The Commerce Department reported Wednesday that the gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7% from a $67 billion deficit in August. September exports rose 2.6% to $176.4 billion, while imports ticked up 0.5% to $240.2 billion.
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