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

September 19, 2024
US CURRENT ACCOUNT Q2 2024

The US current account deficit widened by $25.8 billion from Q1 to Q2 2024, expanding to $266.8 billion

  • the US deficit in goods trade widened by $20.2 billion to $297.1 billion
  • the US surplus in services trade widened by $0.2 billion to $73.9 billion
  • the US surplus in primary income flows narrowed by $5.6 billion to $1.1 billion
  • the US deficit in secondary income flows widened by $0.3 billion to $44.7 billion

 In Q2 2024, US goods exports edged down $52 million to $516.7 billion, while US goods imports increased $20.1 billion to $813.9 billion. 

 

In Q2 2024, US services exports increased $3.1 billion to $271.7 billion, while services imports increased $2.9 billion to $197.7 billion. 

In Q2 2024, US primary income receipts increased $2.7 billion to $362.4 billion, while primary income payments increased $8.3 billion to $361.3 billion. 

In Q2 2024, US secondary income receipts decreased $0.9 billion to $49.3 billion while US secondary payments decreased $0.6 billion to $93.9 billion. 

Source: US Bureau of Economic Analysis retrieved from the Federal Bank of St. Louis 



<--- Return to Archive