Trade deficit narrows in September

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According to the U.S. Department of Commerce, the U.S. trade deficit shrunk in September, dropping 5.1 percent  to $41.5 billion, showing an overall increae in sales to international buyers. That number represents the lowest since Dec. 2010 and lower than economists had predicted. 

According to Bloomberg, a acceleration of spending by U.S. consumers paved the way for an increase in imports and demand for goods in expanding markets in South and Central America helped offset slowing European and Chinese demand.