US Trade Deficit Expands to $105.6 Billion in August

The U.S. goods and services deficit grew by $12.7 billion in August, reaching $105.6 billion, up from $92.8 billion in July. This widening was driven by a larger increase in imports ($17.2 billion) compared to exports ($4.5 billion), with the goods deficit primarily responsible for the expansion. This data reflects shifts in international trade flows.