Deficit hits record

The trade deficit surged to a record in September as oil imports hit an all-time high, driven up by hurricane-related shutdowns of Gulf Coast production.

The deficit with China also hit a record as that country shipped a flood of televisions, toys and clothing to the United States.

The Commerce Department reported Thursday that September’s trade deficit was a record $66.1 billion, 11.4 percent higher than August and much worse than economists had been forecasting.

Analysts blamed much of the rise on hurricanes, which shut down production at Gulf Coast refineries and pushed oil prices to record highs.