The deficit in the broadest measure of foreign trade is expected to have widened slightly in the third quarter. But economists are hoping that U.S. exports will continue growing in coming months, providing support to American manufacturers and helping to lift the country out of recession.
Economists surveyed by Thomson Reuters are forecasting that the deficit in the current account grew to $108 billion in the July-September quarter. That would be an increase of 9.3 percent from the second quarter deficit of $98.8 billion.
The Commerce Department is scheduled to release the new figure at 8:30 a.m. EST.
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