I wrote earlier about our GDP number, including the impact on it of our trade gap—specifically our import numbers. Now the other side of that coin has been exposed.
The US trade gap widened in September as exports fell to a five-month low, a sign of weaker demand for US-made goods that underscores concerns about a global economic slowdown.
The trade deficit rose 7.6%…. Exports decreased 1.5% from August while imports were almost unchanged.
Two reports don’t make a trend, but they are suggestive.