Research >> Economics
3Q2017 Current Account Deficit Decreased
The U.S. current-account deficit decreased to $100.6 billion (preliminary) in the third quarter of 2017 from $124.4 billion (revised) in the second quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit decreased to 2.1 percent of current dollar gross domestic product (GDP) from 2.6 percent in the second quarter.
The $23.8 billion decrease in the current-account deficit reflected decreases in the deficits on secondary income and goods and increases in the surpluses on primary income and service.
Posted: December 19, 2017 Tuesday 08:30 AM