US deficit widens to $164.7 billion
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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The net wealth of U.S. households  rose to $55.63 trillion in the fourth quarter of 2006, and  domestic debt grew at a faster rate than in the third quarter,  a Federal Reserve report showed on Thursday.
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The US current account deficit - the broadest measure of global trade - rises further as oil import costs soar.
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans&#39; hardy demand for imported oil and foreign-made goods.
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The federal deficit surged to a record $413 billion in 2004, the Treasury Department announced Thursday, injecting the figure into a presidential campaign in which the two
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The White House estimated on Tuesday  that the U.S. budget deficit for 2005, including an extra $80  billion for Iraq and Afghanistan operations, will total $427  billion.
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Additional war spending this year will push the federal deficit to a record $427 billion for fiscal 2005, effectively thwarting President Bush's pledge to begin stanching the flow of government red ink, according to new administration budget forecasts unveiled Tuesday.
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The US budget deficit is set to hit a worse-than-expected $368bn this year, excluding war costs.
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The US trade deficit widened in the first three months of 2007, official data shows, following higher oil prices.
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Investor's Business Daily - The monthly federal deficit hit $120 bil in Feb., but was down 26% for the first 5 months of fiscal 2007, the Treasury Dept. said. Receipts totaled $120.3 bil in Feb., while spending was $240.3 bil.
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Description: The federal budget deficit will hit a record $422 billion this year, according to new projections from the Congressional Budget Office.
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The U.S. current account deficit shrank more than expected in the fourth quarter of 2006 to $195.8 billion, as lower oil prices took a bite out of imports and U.S. exports continued to rise, a Commerce Department report showed on Wednesday.
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The broadest measure of the country&#39;s trade and investment flows registered a record deficit of $164.7 billion in the third quarter, the Commerce Department said Thursday.
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The U.S. current account deficit   widened more than expected in the second quarter to $218.4   billion, as surging oil prices pushed goods imports higher, the   U.S. Commerce Department said on Monday.
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The U.S. current account deficit  widened more than expected in the second quarter to $218.4  billion, as surging oil prices pushed goods imports higher, the  U.S. Commerce Department said on Monday.
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The U.S. budget deficit expanded to  $412.55 billion in the 2004 fiscal year, making the Bush  administration's second-straight record fiscal gap, the  Treasury Department said on Thursday.
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The huge U.S. current account deficit widened in the third quarter to a record $225.6 billion, as gushing oil prices and strong demand for Chinese and other foreign goods pushed imports higher, a U.S. Commerce Department report showed on Monday.