Global Trade Momentum Rises for First Time in Four Months

Trade momentum rose in September for the first time in four months, according to the CPB’s World Trade Monitor. The latest three-month figures offer a little upbeat news about global commerce at a time when the end-game for a “phase one” U.S.-China deal remains murky. A decline from a year earlier eased slightly in September, though the monthly figures, which can be volatile, showed a 1.3% drop.