Latest News Updates From Mark Niquette

The gap in goods and services trade grew 13.7% from the prior month to $105.6 billion, Commerce Department data showed Oct. 6.

The cooling in August factory output represents a pause in the upswing in manufacturing this year, largely fueled by solid capital spending and healthy consumer demand. 

The gap in goods and services trade grew 24.4% from the prior month to $88.6 billion. The value of imports increased 2.8% and exports fell 2.1%.

Merchandise imports climbed 3.7%. The advance was fueled by the largest increase in capital goods — a category that includes computers and accessories, semiconductors and telecommunications equipment — since 1993. 

The shortfall in goods trade declined 4.2% from the prior month to $101.5 billion. U.S. exports of goods fell 1.8%, led by a slide in industrial supplies, while imports dropped by 2.6%.

Factory output, which accounts for three-fourths of total industrial production, was unchanged after an upwardly revised 0.1% increase in May.

The gap in goods and services trade grew 42.2% from April to $77.6 billion, Commerce Department data showed July 7.

U.S. exports of goods decreased 5.4%, led by declines across categories including outbound shipments of industrial supplies. Imports rose 3.6%.

The gap in goods and services trade shrank 1.2% in April from the prior month to $55.9 billion, Commerce Department data showed June 9.

The shortfall in goods trade shrank 3.4% from the prior month to $82.4 billion, Commerce Department data showed May 29.