United States : Trade balance sales less than estimates -47.8B
January 13, 2012 at 01:31 pm
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The consensus counted on -44.8B
This statistic is used to define the difference between exports and imports of goods and services and that, as a percentage of GDP. 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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