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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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 |
Labels: hard_data, internationaltradebalance, trade_deficit, trade_gap, tradedeficit
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posted by Steve Brown | 2/06/2018 11:09:00 PM
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