International Trade Balance Level for March, 2016
The International Trade Balance Level for March, 2016 was released by The U.S. Commerce Department this morning:
Predicted: $-62,600,000,000
Actual: $-56,899,000,000
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 were expecting, while the "actual" is the true or real figure.
Click here to view the full Commerce Department report (PDF).
Predicted: $-62,600,000,000
Actual: $-56,899,000,000
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 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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