International Trade Balance Level for December 2005
The International Trade Balance Level for December of 2005 was released by The U.S. Commerce Department today:
Consensus: $ -65,000,000,000
Actual: $ -65,700,000,000
The "actual" figure above represents the balance of trade--imports vs. exports--between the United States and all other countries, and includes both goods and services. A negative number represents a trade deficit, while a positive number represents a trade surplus.
The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
Consensus: $ -65,000,000,000
Actual: $ -65,700,000,000
The "actual" figure above represents the balance of trade--imports vs. exports--between the United States and all other countries, and includes both goods and services. A negative number represents a trade deficit, while a positive number represents a trade surplus.
The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
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