Daily Archive: Saturday, January 12, 2008

Budget telling data

Federal budget surplus for Dec. – but wait . . . By Martin Crutsinger Associated Press WASHINGTON – The federal budget showed a record surplus for December, but for the first three months of this budget year, the budget deficit was running significantly higher than in the same period the previous year. ...Read More

2008-01-11 US Economic Releases

Trade Balance (Nov) Survey -$59.5B Actual -$63.1B Prior -$57.8B Revised n/a Exports holding up. Oil price jump and vol in aircraft shipments. December exports are key for the quarter. Import Price Index MoM (Dec) Survey 0.1% Actual 0.0% Prior 2.7% Revised 3.3% Went down continuously for years, now going up. And with ...Read More