Positive Jobless Claims and Trade Deficit Data
In August, US trade deficit has lowered due to growing exports and falling import prices. The foreign-trade gap in commodity and services declined -2.7% from July’s figures to a seasonally adjusted -42.395 billion dollars. Imports reduced -0.1%, exports rose +0.4%. Exports of commodity and services hit the 3-year maximum in August.
In September, unemployment claims dropped. Initial fillings fell -12 thousand to a seasonally adjusted +260 thousand.