US trade deficit climbs 8.8 percent in August

Oct 14, 2010 | 01:27 PM |

U.S. exports of goods and services totaled $153.9 billion in August, but imports of $200.2 billion resulted in a seasonally adjusted trade deficit of $46.3 billion, up 8.8 percent from $42.6-billion a month earlier, U.S. Bureau of Economic Analysis figures, released Thursday, show.

The iron and steel mill product trade deficit of $528 million in August fell 16.5 percent from $632 million in July, putting the year-to-date deficit at $3.2 billion.....

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