Government of Nova Scotia, Canada

Home > Economics and Statistics > Archived Daily Stats
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

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

December 19, 2019
US CURRENT ACCOUNT Q3 2019

 

The US Bureau of Economic Analysis reported that in 2019 Q3,  the Current account trade deficit narrowed by   $4.1 billions to $124.1 billion over 2019 Q2 and narrowed by 1.3% ($1 .6 billions) over 2018 Q3.

  •  the G&S trade deficit narrowed by   $6.0 billions to $157.4 billion over 2019 Q2 and narrowed by 3.7% ($6 .1 billions) over 2018 Q3.
  •  the Goods trade deficit narrowed by   $3.8 billions to $219.6 billion over 2019 Q2 and narrowed by 3.7% ($8 .3 billions) over 2018 Q3.
  •  the Services trade surplus widened by $2.2 billions to $62.2 billion over 2019 Q2 and narrowed by 3.5% ($2 .3 billions) over 2018 Q3.
  •  the Primary trade surplus widened by $1.1 billions to $68.7 billion over 2019 Q2 and widened by 6.2% ($4 .0 billions) over 2018 Q3.
  •  the Secondary trade deficit widened by $3.0 billions to $35.5 billion over 2019 Q2 and widened by 31.1% ($8 .4 billions) over 2018 Q3.

 

Current Account as a % of GDP

The US Bureau of Economic Analysis reported that BOP as a % GDP unchanged at 2.3% over 2019 Q2.

Source: United States Bureau of Economic Analysis

 



<--- Return to Archive