U.S. imports of goods such as cellphones, toys and apparel fell sharply in September, the latest sign that slowing global growth might be spilling into the domestic economy. Imports sank 1.7% from August to a seasonally adjusted $258.44 billion, the Commerce Department said Tuesday. The decline was led by a 4.4% drop in imports of consumer goods, followed by a 3.4% fall in imports of vehicles and auto parts. Imports of petroleum products also fell in the month, creating the largest monthly surplus in records going back to...

Source: Wall Street Journal November 05, 2019 13:36 UTC