U.S. current account deficit

Comment on U.S. Current Account Release

June 18, 2014

Although the deficit of $111.156 billion last quarter was 27.3% wider than the 14-year low recorded in the final quarter of 2013 and greater than analysts were anticipating, the shortfall’s size relative to nominal GDP of 2.6% was consistent with results since 2009.  That ratio had fallen to 2.0% in 4Q13 but averaged marginally less […] More