US international trade deficit widens to $54.9 billion in August, vs $54.5 billion expected
The imbalance stood at $54.9 billion at the end of the month, ahead of the $54.5 billion projected from economists surveyed by Dow Jones and up from $54 billion in July.
Consumer goods imports hit $57.2 billion, a reflection of increased demand as a healthy shopping appetite helps keep the U.S. economy afloat amid fears of a slowdown. The deficit with Germany swelled to $7.1 billion, the highest on record thanks to $12.1 billion of imports, also a record.
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