A surplus occurs when assets or goods exceed demand. Learn about different types of surplus, their impact on economies, and examples of surplus scenarios.
Consumer surplus is based on the economic theory of marginal utility, which is the additional satisfaction a consumer gains from one more unit of a good or service. The consumer surplus increases as ...
New Zealand’s government is pledging to cut spending and return the budget to surplus even as economic growth slows and it faces the extra cost of paying for tax cuts from the middle of next year.
The Federal Budget Balance, a key indicator of the health of the U.S. economy, has reported a significant swing into surplus territory. The actual figure for the month came in at $198.0 billion, a ...
The International Energy Agency (IEA) has projected a surplus in the global oil market for 2026, estimating up to four ...
On Wednesday, Minnesota Management and Budget released a bittersweet economic forecast for February. The forecast balance turned out a $323 million budget surplus for the rest of the current biennium.
President Javier Milei’s controversial plan to shock Argentina’s economy back into growth has chalked up a significant win. After years of rising debt, the country has now posted four consecutive ...
Robust economic development provided the City of Falls Church with a significant net surplus in revenues over expenditures in ...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that Nigeria’s trade surplus has risen to 6% of the nation’s Gross Domestic Product (GDP), noting that this is expected ...