Research >> Economics
3Q12 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 $107.5 billion (preliminary) in the third quarter from $118.1 billion (revised) in the second quarter. The decrease in the current-account deficit was more than accounted for by a decrease in the deficit on goods. Changes in the other balances were relatively small.
Posted: December 18, 2012 Tuesday 08:30 AM