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Sep 15, 2016

BEA News Release: The U.S. current-account deficit decreased to $ 119.9 Billion (Preliminary) in Q2 2016...


The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:  



The U.S. current-account deficit decreased to $119.9 billion (preliminary) in the second quarter of 2016 from $131.8 billion (revised) in the first quarter of 2016, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit decreased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.9 percent in the first quarter.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/international/transactions/transnewsrelease.htm