U.S. International Transactions: Third Quarter 2011

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:   

The U.S. current-account  deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $110.3 billion (preliminary) in the third quarter of 2011, from $124.7 billion (revised) in the second quarter.  More than half of the decrease reflected a decrease in the deficit on goods.  A decrease in net unilateral current transfers and increases in the surpluses on services and on income also contributed.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/international/transactions/transnewsrelease.htm 

 www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

The Bureau of Economic Analysis provides this service to you at no charge. Visit us on the Web at www.bea.gov. All you will need is your e-mail address. If you have questions or need assistance, please e-mail subscribe@bea.gov.

If you would rather not receive future communications from Bureau of Economic Analysis, let us know by clicking here.
Bureau of Economic Analysis, 1441 L Street, NW, Washington, DC 20230 United States