U.S. International Transactions: Third Quarter of 2010

摘要

THE DEFICIT on the U.S. current-account - which measures transactions between the United States and the rest of the world in goods, services, income, and net unilateral current transfers - increased to $127.2 billion (preliminary) in the third quarter of 2010 from $123.2 billion (revised) in the second quarter (see pages 32-35). The deficit increased to 3.5 percent of current-dollar gross domestic product (GDP) from 3.4 percent, the fifth consecutive increase. The third-quarter rise in the current-account deficit resulted from a reduction in the surplus on income and an increase in the deficit on goods. A increase in net unilateral current transfers also contributed. This increase was party offset by the surplus on services.