The Investor
06 Oct 2026, 17:04
U.S. Trade Deficit Widens Sharply in August; Atlanta Fed GDPNow Holds at 3.7%
The U.S. trade deficit widened significantly in August to $105.6 billion, exceeding expectations for a $100.8 billion shortfall and deteriorating from the previous month’s $92.8 billion deficit.
Separately, the Atlanta Federal Reserve’s GDPNow model continued to estimate third-quarter U.S. economic growth at an annualized 3.7%, unchanged from both the previous estimate and market expectations.
The unchanged GDPNow reading suggests that, despite the weaker trade balance, incoming economic data have not materially altered the model’s overall assessment of third-quarter growth.
The U.S. trade deficit widened significantly in August to $105.6 billion, exceeding expectations for a $100.8 billion shortfall and deteriorating from the previous month’s $92.8 billion deficit.
Separately, the Atlanta Federal Reserve’s GDPNow model continued to estimate third-quarter U.S. economic growth at an annualized 3.7%, unchanged from both the previous estimate and market expectations.
The unchanged GDPNow reading suggests that, despite the weaker trade balance, incoming economic data have not materially altered the model’s overall assessment of third-quarter growth.