- Prior -40.6bn. Revised to -40.3bn
- Exports 0.2% vs 0.9% prior +4.1% y/y
- Imports 0.1% vs 0.6% prior +3.7% y/y
A slight narrowing of the deficit but the export numbers are still looking very weak.
Trade between the US and Europe highlights the problem on both sides.
US international trade 03 10 2014
On balance the numbers are ok but there’s still a lot of scope for improvement
