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March 21, 2018US CURRENT ACCOUNT Q4 2017 The US Bureau of Economic Analysis reported that the current account deficit increased in Q4 by $26.7 billion to $128.2 billion compared to the revised 2017Q3 result.
Compared to the previous quarter, there were increase in the goods trade deficit (+$19.0 billion) and secondary income deficit (+$6.8 billion) and a decrease in the primary income surplus (-$1.3 billion). The services trade surplus increased by $0.3 billion.
For Q4 2017, the current account deficit of $128.2 billion results from balances on goods (-$214.3 billion), services (+$60.4 billion), primary income (+$57.2 billion) and secondary income (-$31.5 billion).
Source: United States Bureau of Economic Analysis
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