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

==============

International Trade Balance Level - December 2017

==============

• Click here to view the full Commerce Department report (PDF).