U.S. current account and balance of payments
How the U.S. Current Account Was Financed in the Fourth Quarter and 2011
March 14, 2012
The current account deficit widened 15.3% last quarter and to 3.2% of GDP from 2.8% in the third quarter. The increase in 2011 was only 0.5%, and there was a marginal dip last year when expressed as a percentage of GDP. The table shows the financing of that current account between official and private capital […] More