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The Economic Times

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US October trade deficit lowest since 2009 as imports decline

America's trade deficit saw a significant drop in October, reaching its lowest point since mid-2009. Imports fell, while exports hit a record high. This trend could boost economic growth in the fourth quarter. The goods trade deficit also compressed considerably. Services trade reached all-time highs. This development follows recent contributions of trade to GDP growth.

8 Jan 2026 8:48 pm