US trade deficit jumps to 46.3 billion dollars in August

October 14, 2010 | 20:51
(0) user say
WASHINGTON, October 14, 2010 (AFP) - The US trade deficit jumped to 46.3 billion dollars in August, much worse than expected, as the gap with China hit a new record, government data showed Thursday.

The Commerce Department reported total August exports of 153.9 billion dollars, eclipsed by 200.2 billion dollars in imports of goods and services.

The deficit widened from a revised July deficit of 42.6 billion dollars, initially reported at 42.8 billion dollars.

The August report was far worse than the consensus expectation the gap would widen to 44.5 billion dollars.

AFP

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional