Wall Street economists expect the federal budget deficit for November grew compared with the same month last year, while the October trade imbalance rose from September.
The deficit for the 2009 budget year that ended Sept. 30, set an all-time record in dollar terms of $1.42 trillion and economists worry that the surge could push up interest rates, dragging on the fragile economic recovery.
Thursday, December 10, 2009
Ahead of the Bell: Budget and Trade Deficits
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