US Trade Deficit to be Released today at 8:30 ET
Posted by Greg Michalowski on Fri, 11/09/2007 - 8:27am in
The US Trade Deficit is to be reported today. Expectations are for it to get worse falling to -59.0B from -57.6B. This may be due to the price of oil increasing the cost of oil imports. The number will be watched to see if the trend of increasing exports continues as a result of the declining dollar
The following chart shows the breakdown of Imports and Exports:
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