Current Account in USA

United States Current Account | Economic News & Forecasts

USA - Current Account

Economic growth accelerated sharply in the first quarter thanks to strong net exports and a buildup of inventories, which more than offset slowing consumer spending and fixed investment growth. Imports contracted largely due to frontloading in Q4, in anticipation of tariff increases on China, while the inventory surge was partly related to softer demand, particularly for vehicles. Shutdown effects, on the other hand, dragged on growth. Nevertheless, monthly indicators for March suggest a rebound in both private investment and consumption momentum at the end of the quarter. Turning to Q2, the trade and inventory boost should unwind and weigh on growth, while conversely, delayed private and public spending due to the shutdown will provide support. Overall, consumer spending will likely gain steam, but weak investment in the residential property market remains a concern.

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 Yield2.40-0.43 %May 13
Exchange Rate1.120.65 %May 13
Stock Market25,3250.02 %May 13

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