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Trade deficit narrows slightly in Septembe

WASHINGTON (AP) - The U.S. trade deficit narrowed slightly in September but was still running well above last year's gap, adding urgency to Obama administration calls for other countries to do more to rebalance global growth.

The Commerce Department says the deficit fell to $44 billion in September, as imports retreated slightly while exports edged higher, helped by rising sales of American airplanes, computers and telecommunications equipment. The deficit was at $46.5 billion in August.

But even with the slight improvement in September, the U.S. deficit through the first nine months of this year is 40 percent higher than a year ago. The soaring trade deficits are coming at a time of high unemployment in the United States and have added pressure on Washington to do more to boost U.S. jobs.


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