Current Account in USA

United States Current Account (USD bn) | Economic News & Forecasts

USA - Current Account (billions of U.S. Dollars)

Economic growth likely cooled further in the third quarter. Cracks began to show in private consumption: Retail sales unexpectedly shrank in September and consumer confidence tumbled, while payroll gains slowed and wage growth weakened in the same month. Moreover, ongoing uncertainty over trade policies and the global growth slowdown likely limited the rebound in business fixed investment from Q2’s contraction, while inventory contributions to GDP growth appeared to moderate, given falling imports and the General Motors strike. Regarding the trade front, the U.S. and China allegedly reached a partial trade deal. However, many panelists remain pessimistic that the countries will arrive at a full agreement in the near-term. In other news, in late September Congress passed a stopgap spending bill, averting a government shutdown and extending federal spending through 21 November.

United States - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-348.8  -365.2  -407.8  -428.4  -439.7  

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United States Current Account (USD bn) Chart

USA Current Account

United States Facts

Bond Yield1.47-0.43 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market26,3550.02 %Sep 04

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