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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

June 20, 2017
US CURRENT ACCOUNT Q1 2017

The US Bureau of Economic Analysis reported that the current account deficit has increased in Q1 by $2.8 billion to $116.8 billion compared to the revised 2016Q4 result. The primary income surplus (+$47.7 billion)  was not sufficient to  offset the deficits in net trade (-$139 billion) and the secondary income (-$25.5 billion).

Source: United States Bureau of Economic Analysis

 

 



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