Oct 9: Trade Deficit Decreases
The Trade Deficit decreased to $30.7 billion in August from $31.9 billion in July. August exports increased by $0.2 billion to $128.2 billion, offset by the increase in imports by $0.9 billion to $158.9 billion. The Commerce Department provided the August figures of the trade balance of the U.S. relative to selected trading partners, in billions of dollars, with surpluses in Hong Kong ($1.3), Australia ($1.2), Egypt ($0.4), and Singapore ($0.3). Deficits were recorded, in billions of dollars, with China ($20.2), OPEC ($6.4),the European Union ($5.4), Japan ($4.3), Mexico ($4.0), Venezuela ($1.9), Nigeria ($1.7), Canada ($1.5), Taiwan ($0.5), and Korea ($0.4).
Upcoming Releases
Treasury Budget (10/13 at 2:00 PM EST)
Retail Sales (10/14 at 8:30 A MEST)
Business Inventories (10/14 at 10:00 AM EST)
FOMC Minutes (10/14 at 2:14 PM EST)
More Zacks Resources
More Zacks Links
| Market Summary | Feb 10, 2012 10:58 am ET |

Sponsored Links 
Loading Stories...

-115.53