trade deficit

The trade gap is still 1.3% wider so far this year than it was in January-October 2018, despite dropping in September and October.

The September trade report showed that the U.S. ran the first surplus in petroleum in more than four decades, according to government records that go back to 1978.

The U.S. trade deficit in goods and services is running at $205.4 billion this year, up 2% from $201.3 billion in January-April 2018.

Imports climbed 1.5 percent to a record $266.6 billion, led by an influx of telecommunications equipment and clothing.

The current economic expansion, which began in June 2009, is now the second-longest on record.

TOKYO (AP) — Japan says its trade deficit ballooned to a record high 1.48 trillion yen ($18.7 billion) in January, the biggest in the three decades that such data became available.
The numbers released Monday by the Ministry of Finance highlight this nation's surging import of fuel after t…