Trade deficit widens in August

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.1 billion in August, up $3.7 billion from $63.4 billion in July (as revised). The two agencies cannot say how much of this might be related to the pandemic because such impacts "are generally embedded in source data and cannot be separately identified." That they almost certainly exist is seen at https://www.bea.gov/system/files/inline-images/trad0820.png