Current Account in USA

United States Current Account | Economic News & Forecasts

USA - Current Account

Economic growth was steady in the fourth quarter, displaying more resilience than had been expected largely due to a solid export performance. That said, private consumption continued to slow in Q4 and non-residential investment declined for the third consecutive quarter as investment in structures and equipment continued to languish. Turning to the first quarter of this year, preliminary survey data has been relatively upbeat. Consumer confidence edged higher in January on a better labor market assessment. Meanwhile, on the trade front, the U.S. and China signed a “phase one” deal on 15 January, covering areas such as exchange-rate policies, intellectual property protections, and additional Chinese purchases of U.S. goods and services. Although it symbolizes a much-welcomed de-escalation, it will likely have only a small impact on growth and further tariff reductions are not slated until the second stage of agreements.

United States - Current Account Data

2014   2015   2016   2017   2018  
Current Account (% of GDP)-2.1  -2.2  -2.3  -2.3  -2.4  

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United States Current Account Chart


USA Current Account

United States Facts

Value Change Date
Bond Yield1.92-0.43 %Dec 31
Exchange Rate1.120.65 %Dec 31

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