US Week Ahead: Retail Sales, PPI, IP, Empire Svy, UMich Svy, CBO Budget

In July the federal government likely incurred a deficit of USD96.0bn, following a USD71.0bn surplus in June. According to CBO estimates, total receipts totalled USD210bn, 5% more than in July 2013, and total outlays were USD306bn, 3% more than in July 2013. The revenue gain was largely due to the…

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US Week Ahead: Retail Sales, PPI, IP, Empire Svy, UMich Svy, CBO Budget

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