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12-month trailing deficit

German translation: Defizit der zurückliegenden 12 Monate

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:12-month trailing deficit
German translation:Defizit der zurückliegenden 12 Monate
Entered by: Michael Rose

14:03 Feb 2, 2006
English to German translations [PRO]
Bus/Financial - Investment / Securities / Market outlook
English term or phrase: 12-month trailing deficit
• However, the housing sector is showing increasing signs of cooling. Prices of new houses have stabilised as have sales of existing homes. Confidence among homebuilders has plummeted and it has become more difficult to sell houses. Large price increases over the past few years have made homes less affordable. Consumer confidence has rebounded since the hurricane season has ended and spending has improved in the last months of 2005. However, we expect consumption to slow gently in the months ahead as the housing market cools. Gauging government spending is rather difficult. The budget deficit of November was he biggest on record for that month and the ***12-month trailing deficit*** is increasing again, which pints to expansionary budgetary policy. However, it seems that hurricane-related spending is likely to be less than many anticipate. The yield curve as measured by the difference between two-year and ten-year bond yields inverted in late December. This is often interpreted as a signal for recession, but we think there are structural factors that depress bond yields.

TIA!
Beate Lutzebaeck
New Zealand
Local time: 06:36
Defizit der zurückliegenden 12 Monate
Explanation:

oder "auf Jahresbasis"
Selected response from:

Michael Rose
Local time: 20:36
Grading comment
Danke dir!
4 KudoZ points were awarded for this answer



Summary of answers provided
3Defizit der zurückliegenden 12 Monate
Michael Rose


  

Answers


17 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Defizit der zurückliegenden 12 Monate


Explanation:

oder "auf Jahresbasis"


Michael Rose
Local time: 20:36
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 54
Grading comment
Danke dir!
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