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U.S. Trade Deficit Hits Fresh Record on Goods Demand, Higher Inflation
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The U.S. trade deficit widened in September to a record $80.9 billion, driven by climbing demand for capital goods like computers and electric equipment and industrial supplies that have been soaring in cost as global supply chains remain snarled.
The deficit in trade of goods and services widened 11.2% in September, the Commerce Department said Thursday.
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