Research >> Economics
4Q10 Current Account Deficit Decreased
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $113.3 billion (preliminary) in the fourth quarter of 2010, from $125.5 billion (revised) in the third quarter of 2010. The decrease was more than accounted for by a decrease in the deficit on goods; an increase in the surplus on services also contributed. A decline in the surplus on income and an increase in net unilateral current transfers were partly offsetting.
Posted: March 16, 2011 Wednesday 08:30 AM