Current Account in USA

United States Current Account | Economic News & Forecasts

USA - Current Account

The economy likely continued to expand at a robust pace in the third quarter, after logging a four-year high in the second quarter, although there are signs that momentum could slightly wane heading into the fourth quarter. Industrial production and ISM data for July to September indicate the manufacturing sector remained strong in Q3; nevertheless, further survey data shows the services sector losing steam, which was reflected by softer payroll gains in the sector in September. Additionally, while consumer confidence remained extremely high in September, private consumption dynamics appear to have lost some ground in the quarter, as retail sales growth was disappointing in both August and September. On the political front, the midterm elections on 6 November will likely see the Republican Party losing its majority in the House but retaining control over the Senate.

United States - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-2.1  -2.1  -2.4  -2.4  -2.4  

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United States Current Account Chart

USA Current Account

United States Facts

Bond Yield3.11-0.43 %Nov 15
Exchange Rate1.130.65 %Nov 15
Stock Market25,2890.02 %Nov 15

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