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For additional information relating to this article, please contact:

Doug McCann Research and Statistics Officer
Tel: 902-424-2141Email:

December 19, 2017

The US Bureau of Economic Analysis reported that the current account deficit decreased in Q3 by $23.8 billion to $100.6 billion compared to the revised 2017Q2 result.

Compared to the previous quarter, there were decreases in the goods trade deficit ($6.2 billion) and secondary income deficit (+10 billion) and a increase in the primary income surplus ($6.5 billion). The services trade surplus increased by $1.2 billion.

For Q3 2017, the current account deficit of $100.6 billion results from balances on goods (-$195.3 billion), services (+$60.9 billion), primary income (+$57.0 billion) and secondary income (-$23.2 billion).

Source: United States Bureau of Economic Analysis


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