OctaFX | OctaFX Forex Broker
Open trading account
Back

US budget deficit shrinks to 2.8% GDP

FXStreet (Łódź) - According to the US Commerce Department figures released on Tuesday the US budget deficit shrunk to the lowest level seen since 2008.

The deficit narrowed to 2.8% of GDP during the twelve months up to September 30, amounting to 483.4 billion dollars. This is 29% less than the budget deficit recorded in the previous fiscal year.

The decline is due to the strong growth witnessed by the country in recent months, propped up byu government policies.

US: Trade deficit (Sep) widened to $43.03 billion

The US Commerce Department has informed that the trade deficit expanded to $43.03 billion during September from $39.99 billion in...
Read more Previous

USD/JPY steady after US trade balance

USD/JPY consolidates below 114.00 taking a breather following a steep rally that took the pair to a fresh 7-year high, having barely reacted to US trade balance data which came slightly below expectations.
Read more Next
Start livechat