BEA News: U.S. International Transactions, 4th quarter and Year 2013

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 $110.4 billion (preliminary) in the fourth quarter from $112.4 billion (revised) in the third quarter. The decrease in the current-account deficit was accounted for by increases in the surpluses on income and services.  These increases were partly offset by an increase in the deficit on goods and an increase in outflows of net unilateral current transfers.
 

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

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