U.S. trade deficit soars in October in bad sign for fourth quarter GDP

The numbers: An early look at U.S. trade patterns in October points to sharper-than-expected increase in the nation’s trade deficit at the start of the fourth quarter. The trade deficit in goods jumped 6.5% to $68.3 billion, according to the government’s advanced report. That was much larger than...

U.S. trade deficit soars in October in bad sign for fourth quarter GDP