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Economy

Economic Data (USA)

Tuesday, February 06, 2018

International Trade Balance Level for December 2017

The International Trade Balance Level for December 2017 was released by The U.S. Commerce Department this morning:

Predicted: -$51,900,000,000
Actual: -$53,100,000,000

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.

Previous Month (revised):  -$50,400,000,000

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International Trade Balance Level - December 2017
International Trade Balance Level - December 2017

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