October budget deficit hits record of $237.2B

The Treasury Department said Thursday that the deficit for the first month in the new budget year was the highest monthly imbalance on record. It was far bigger than analysts expected, over four times larger than the October 2007 deficit of $56.8 billion, and more than half the total for all of last year.

//news.yahoo.com/s/ap/20081114/ap_on_bi_go_ec_fi/budget_deficit



U.S. Economy: Retail Sales Drop in October by Most on Record

Retail sales and prices of goods imported to the U.S. dropped by the most on record, signaling the economy may be in its worst slump in decades.

//www.bloomberg.com/apps/news?pid=20601068&sid=anBkxRT0zTpY&refer=home


From Information Clearing House



//freepage.twoday.net/search?q=budget+deficit
//freepage.twoday.net/search?q=Treasury+Department
//freepage.twoday.net/search?q=retail+sales

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