The U.S. current-account deficit decreased to $118.0 billion or 3.1 percent of GDP, in the second quarter of 2011 -- down from $119.3 billion in the first quarter of 2011, or 3.2 percent of GDP.
The U.S. current-account deficit increased to $119.3 billion, or 3.2% of GDP in the first quarter of 2011, up from $112.2 billion in the fourth quarter of 2010, or 3.0% of GDP.
The U.S. current-account deficit decreased to $113.3 billion, or 3.1% of GDP in the fourth quarter of 2010, down from $125.5 billion in the third quarter of 2010, or 3.4% of GDP.
The Economics and Statistics Administration (ESA) releases 12 monthly and quarterly Principal Federal Economic Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). Businesses rely heavily upon these indicators to make decisions every day. In their public comments, the Secretary and ESA’s Under Secretary and Chief Economist put the indicators into a national and global economic context.
The U.S. current account deficit increased to $109.0 billion, or 3.0% of GDP in the first quarter of 2010, up from $100.9 billion in the fourth quarter of 2009, or 2.8% of GDP.
