Sign Up
Stories
US Current Account Deficit Narrows
Share
Australia's Widened Trade Surplus
Canada's Narrowing Current Account Defic...
Canada's Trade Deficit Rises
China's Forex Reserves Drop
Overview
API
US current account deficit narrows in Q3 due to increased petroleum exports and decline in non-monetary gold imports, reaching a 2.9% GDP impact, the lowest in over two years.
Ask a question
How does the US current account deficit impact global trade and economic stability?
How might the rise in petroleum exports impact the US economy in the long term?
What are the potential implications of the US being a net exporter of crude oil and fuel?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Sep 2023
Oct 2023
Nov 2023
Coverage