U.S. International Transactions, 1st quarter 2018 and annual update

U.S. International Transactions, 1st quarter 2018 and annual update
The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter. Full Text

Published June 20, 2018 at 05:30PM