Current Account in USA

United States Current Account | Economic News & Forecasts

USA - Current Account

The economy recorded its best showing in almost four years in the second quarter, thanks to strong private spending and a front-loading of business activity—notably export-oriented—ahead of the implementation of reciprocal tariffs with China in early July. Signs further point to robust but slightly decelerating momentum heading into the third quarter. In July, the unemployment rate ticked down, while consumer confidence remained near historic highs and retail sales were solid, boding well for consumption. However, the ISM index eased in July after a burst of activity in June, while industrial production growth only inched up in the same month. Nevertheless, the sharp drop in inventories observed in Q2 is likely to be reversed this quarter, which could provide a sizeable boost to growth.

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

ValueChangeDate
Bond Yield3.07-0.43 %Sep 20
Exchange Rate1.180.65 %Sep 20
Stock Market26,6570.02 %Sep 20

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