UPDATE 1-US budget gap swells to record $413 bln in FY 2004
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The US budget gap expanded to $412.55 billion in fiscal 2004, marking the Bush administration&#39;s second-straight record deficit, the Treasury Department said on Thursday.
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The U.S. trade gap widened nearly 9  percent in October to a record $55.5 billion as sky-high oil  prices helped propel imports into new territory, the government  said on Tuesday, while a second report showed industrial output  rose in November, as expected.
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Britain's budget deficit ballooned last month, when the public sector net cash requirement (PSNCR) rose to 10.8 billion pounds (15.5 billion euros, 19.5 billion dollars), the biggest September shortfall on record, official figures showed.
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The US budget deficit is set to reach a record $427bn in 2005, the White House predicts.
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The U.S. trade deficit jumped 6.5 percent to a record $763.6 billion last year as high oil prices and Americans' appetite for foreign-made goods outpaced strong exports.
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WASHINGTON  - The US trade gap unexpectedly shot to a record 55.5 billion dollars in October as Americans sucked in more imports, particularly from China, and oil prices sizzled.
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The federal deficit of the US government hit a record high of US$436.9 billion in the first 11 months of fiscal year of 2004 ending on September 30, the Treasury Department reported on Monday.
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The United States hit a record deficit of $166.2 billion last quarter in trade and capital flows with the rest of the world.
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The US budget deficit will balloon to $2.29 trillion over the next decade, a worse outlook than previously forecast according to a new report by congressional analysts, said a congressional source Tuesday.
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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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 U.S. current account trade gap  widened slightly to a record $164.71 billion in the third  quarter, data showed on Thursday, but U.S. dependence on  overseas capital was not as great as feared, fueling a big  dollar rally.
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The U.S. government began fiscal  2005 with a budget shortfall, right after posting a record  $412.28 billion budget gap for all of the 2004 budget year, a  report on Wednesday showed.
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WASHINGTON - The federal deficit will swell to a record $422 billion this election year but fall short of even more dire forecasts, Congress' top budget analysts projected Tuesday in a report that became instant fodder for both political parties.    The nonpartisan Congressional Budget Office said the shortfall would shrink to $348 billion next year - still the third worst ever in dollar terms...
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The U.S. trade deficit widened unexpectedly in November to a record &#36;60.3 billion, propelled by the highest-ever oil import bill and a drop in exports, a government report showed on Wednesday.
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WASHINGTON -- 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 parties have clashed over President George W. Bush&#39;s management of
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WASHINGTON - The Congressional Budget Office projected Tuesday that this election-year's federal deficit will hit a record $422 billion, a shortfall that would be smaller than analysts predicted earlier this year.    The figure immediately provided political fodder for both parties now in the final two-month stretch of the presidential and congressional campaigns...