United States: Trade Balance worse than estimates at -45.2B
January 06, 2017 at 01:32 pm
The consensus counted on -42.2B
This statistic is used to define the difference between exports and imports of goods and services. A country is in a trade surplus if exports exceed imports. A too large trade deficit may reflect a complicated economic activity and slower consumption. An increase in exports leads to a generally stronger dollar and higher U.S. stock markets.
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