Exports of goods and services to, and income received from, foreign residents increased $6.0 billion to $1.21 trillion in the third quarter. Imports of goods and services from, and income paid to, foreign residents increased $42.0 billion to $1.52 trillion.1
This is the largest deficit.
This is a drag on growth but it's inevitable in an outperforming economy. Is it influenced by a Trump presidency and expected tariffs?
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US Q3 current account -$310.8 billion versus -$284.0B estimate )
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