Research >> Economics
4Q11 Current Account Deficit Increased
The U.S. current-account deficit—the combined balances on trade in goods and services,income, and net unilateral current transfers—increased to $124.1 billion (preliminary) in the fourth quarter of 2011, from $107.6 billion (revised) in the third quarter. Most of the increase in the current-account deficit was due to a decrease in the surplus on income and an increase in the deficit on goods and services.
Posted: March 14, 2012 Wednesday 08:30 AM