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U.S. trade deficit in goods climbs for first time in five months as strong dollar dings exports

Por: MarketWatch Politics October 26, 2022

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Still, the trade gap in goods has shrunk by one-third from a record $125.6 billion in March. Lower trade deficits add to gross domestic product, the official scorecard for the economy. An advanced estimate of wholesale inventories, meanwhile, showed a 0.8% increase in September. Retail inventories rose 0.4% in the month, according to an early estimate. Rising inventories also add to GDP. The third quarter is expected to show an a sizable... + full article



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