Current Account in USA

United States Current Account | Economic News & Forecasts

USA - Current Account

The economy likely decelerated at the end of 2018, and momentum appears to remain on a downward trajectory in Q1 2019. In December, the ISM manufacturing index posted its steepest monthly decline in a decade. Moreover, consumer confidence tanked in the month, retail sales unexpectedly contracted and existing home sales fell to an over three-year low. This suggests private consumption softened in Q4, which was compounded by a sharp fall in equity prices in December. Looking at January, falling consumer confidence and shutdown effects suggest private spending will be modest in Q1, while lower industrial production in the month signals weakness in manufacturing. Meanwhile, recent trade talks reportedly yielded some concessions from China on intellectual property rights, market access and technology transfers, prompting President Trump to postpone new tariff action past the 1 March deadline.

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 Yield2.64-0.43 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market25,6510.02 %Mar 11

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