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Economic Data (USA)

Friday, February 10, 2006

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.

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