U.S. Shows That Predicting Deficits is Hard — Panjiva
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U.S. Shows That Predicting Deficits is Hard

Commodities 189 Trade Balance 932 U.S. 5323

The U.S. Commerce Department published advanced trade data showing a smaller deficit than expected at $57.5 billion vs. a $60 billion expected by the market, according to Reuters. The biggest surprise actually came from the export side of the equation, and specifically industrial supplies and materials. These jumped by 6% during the month and may … Continue reading “U.S. Shows That Predicting Deficits is Hard”

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