U.S. Q1 current account widens to $237.6B
==========
The U.S. current-account deficit widened by $15.9 billion, or 7.2 percent, to $237.6 billion in the first quarter of 2024. The first-quarter deficit was 3.4 percent of current-dollar gross domestic product, up from 3.2 percent in the fourth quarter. The widening of the current-account deficit mostly reflected an expanded deficit on goods. Exports of goods and services to, and income received from, foreign residents increased $17.0 billion to $1.20 trillion in the first quarter. Imports of goods and services from, and income paid to, foreign residents increased $32.9 billion to $1.44 trillion.
#UsEconomy #CurrentAccount #Trade #GrossDomesticProduct
https://seekingalpha.com/news/4117437-us-q4-current-account
Seeking Alpha /
npub1qpf…damf
2024-06-20 15:06:26
Author Public Key
npub1qpfrthtcf6g8grmwfv45qf28aa4xqk73pgnmwjdfuze8zl2l2cnsewdamfPublished at
2024-06-20 15:06:26Event JSON
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"content": "U.S. Q1 current account widens to $237.6B\n==========\n\nThe U.S. current-account deficit widened by $15.9 billion, or 7.2 percent, to $237.6 billion in the first quarter of 2024. The first-quarter deficit was 3.4 percent of current-dollar gross domestic product, up from 3.2 percent in the fourth quarter. The widening of the current-account deficit mostly reflected an expanded deficit on goods. Exports of goods and services to, and income received from, foreign residents increased $17.0 billion to $1.20 trillion in the first quarter. Imports of goods and services from, and income paid to, foreign residents increased $32.9 billion to $1.44 trillion.\n\n#UsEconomy #CurrentAccount #Trade #GrossDomesticProduct\n\nhttps://seekingalpha.com/news/4117437-us-q4-current-account",
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