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Global Outlook Brightens as U.S. Consumer Imports Reach Pre-Pandemic Levels – The Wall Street Journal

WASHINGTON—The U.S. posted its largest monthly trade deficit since 2006 in August as imports of consumer goods recovered to pre-pandemic levels, adding to evidence of a snapback in global trade.

The U.S. trade deficit widened 5.9% from July to $67.1 billion, the largest gap since August 2006, the Commerce Department said Tuesday. Imports rose 3.2% to $239 billion in August, while exports ticked 2.2% higher to $171.9 billion as exports of services and manufacturing products stalled.

Economists…

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