U.S. trade deficit in goods climbs for first time in five months as strong dollar dings exports
October 26, 2022 at 08:44 AM EDT
The trade deficit in goods widened 5.7% in September to $92.2 billion as a strong dollar crimped exports. Yet a sharp decline in the trade gap since the spring is likely to help the U.S. economy post the first increase in quarterly growth since the end of last year.