U.S. International Transactions: Second Quarter 2008 Current Account
"The U.S. current-account deficit--the combined balances on trade in
goods and services, income, and net unilateral current transfers--increased to
$183.1 billion (preliminary) in the second quarter of 2008 from $175.6 billion
(revised) in the first quarter. The increase was more than accounted for by a
decrease in the surplus on income and an increase in the deficit on goods. In
contrast, the surplus on services increased, and net unilateral current
transfers to foreigners decreased."
Wednesday, September 17, 2008
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