International Trade Balance Level for August, 2007
The International Trade Balance Level for August, 2007 was released by The U.S. Commerce Department this morning:
Predicted: $ -59,800,000,000
Actual: $ -57,600,000,000
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 "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
Click here to view the full Commerce Department report (PDF).
Predicted: $ -59,800,000,000
Actual: $ -57,600,000,000
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 "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
Click here to view the full Commerce Department report (PDF).
Labels: internationaltradebalance, tradedeficit
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posted by Steve Brown | 10/11/2007 12:01:00 PM
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